Assignment Papers-Describe the change in Southwest Airlines boarding process.
Describe the change in Southwest Airlines boarding process.
What was Southwest’s main goal in introducing the early-bird check-in?
Explain how Southwest Airlines used the game theory approach to increase its profits.
What is the outcome of the game involving early-bird check-in?
Identify what is the passengers’ dominant strategy.
Determine why travelers face the Prisoner’s Dilemma with the early-bird check-in process.
Analyze the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.
Suggest ways in which other companies, or the company you work for, can utilize similar game approaches to maximize profits. Note: One of your references should help provide a rationale as to why this is a good approach for this company and needs to have been published within the last 6 months.