Assignment Papers-Describe the change in Southwest Airlines boarding process.

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.

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