Title of Paper:Complexity of Airlines' Dynamic Price Competition with Carbon Emission Trading

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Affiliation of Author(s):民航学院

Journal:Jiaotong Yunshu Xitong Gongcheng Yu Xinxi J. Transp. Syst. Eng. Inf. Technol.

Abstract:To investigate the effect of carbon emission trading on airlines' dynamic price competition, the airlines' dynamic price competition model based on carbon emission trading is established by using the bifurcation and game theories. The existence and stability of the equilibrium points are discussed, and the influence of carbon emission coefficient on stable region, bifurcation and competition equilibrium are investigated. The results show that when emission coefficient is out of stable region, the bifurcation and chaos will occur. Some airlines may get extra profit from bifurcation and chaos. The dynamic price competition model enables to maintain stable with controlled by time- delayed feedback control method if appropriate control factor is chosen. The airlines need to carry out some mitigating measures in order to maintain ordered market and improve their competition performances. Copyright © 2018 by Science Press.

ISSN No.:1009-6744

Translation or Not:no

Date of Publication:2018-02-01

Co-author:chenlina,Zhang, Fei-Fei,Zhu, Jia-Lin

Correspondence Author:Hu Rong