Question 5: Suggest ways in which other companies, or the company you work for, can utilize Southwest Airlines Game Theory similar game approach to maximize profits (30 %)
Southwest brought in $21.2 billion last year, so Early Bird Check-in apparently accounted for 1.7 percent of that.
Options:
Do some research on how other airlines’ use of game theory, or
Do some research on the use of game theory in sectors other than airlines.
or
Identify policies in the company you work for that utilize game theory approach. For example:
Relationships with customers
Management – employees relationships
How using game theory approach affects the bottom line of the company you chose?
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