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In November 2005, six of Paris’s most luxurious hotels-including George V, Le Bristol, The Ritz, and Hotel de Crillon-were fined for colluding on room rates. Regular guests showed little concern-noting that, whatever the listed rack rate, it was always possible to negotiate substantial discounts. Using the prisoner’s dilemma model, can you explain why the hotels were able to collude over their listed rates but not over discounts?
Sleep Problems Tied to Type 2 Diabetes Researchers report that women with sleeping difficulties are at increased risk for Type 2 diabetes. Scientists used data from 133,353 wo
Apply resource and capability analysis to your own nosiness school. Begin by identifying the resources and capabilities relevant to success in the market for business educatio
Microsoft’s main capabilities relate to the development and marketing of complex computer software. Its greatest resource is the huge installed base of its Windows operating s
During 2007-2009, the Nintendo Wii established leadership over the Sony PS3 and Microsoft Xbox 360 in the market for video game consoles. Unlike Sony and Microsoft, Nintendo i
Slaq Computer Company manufactures notebook computers. The economic lifetime of a particular model is only four to six months, which means that Slaq has very little time to ma
Established airlines are cutting costs to compete with the increasing number of budget airlines. Yet, it is unlikely that they will ever match the costs of Southwest, Ryanair,
In the battle for dominance of the e-book reader market, Amazon with kindle 2 was ahead of Sony with its Reader Digital Book. Kindle 2 had the biggest number of recent titles
Apply Floyd's algorithm to the network beside. Arcs (7,6) and (6,4) are unidirectional, and all the distances are in miles. Determine the shortest route between the following
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