Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 28 , 10 November 2023


Open Access | Article

A Game Theory Explanation of the High Ticket Price in Scenic Spots

Nade Tang * 1
1 Hangzhou Foreign Languages School

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 28, 113-117
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Nade Tang. A Game Theory Explanation of the High Ticket Price in Scenic Spots. AEMPS (2023) Vol. 28: 113-117. DOI: 10.54254/2754-1169/28/20231306.

Abstract

Recently, the ticket price of domestic tourist attractions has continued to rise, which causes a hot debate in society. Compared with the international average, the ticket prices of some tourist attractions in China have reached or exceeded some developed countries. This paper points out that in different scenic spots their products are different. On this basis, it gives a monopoly competition model based on game theory, which can be used to explain the high ticket prices of scenic spots and other high prices, and can provide references for relevant departments to formulate countermeasures. The purpose of this paper is to point out that scenic spot products are differential monopoly products. By introducing the idea of game theory, it is demonstrated that the characteristics of differential monopoly may automatically lead to a complete monopoly price in scenic spots, resulting in social welfare losses. This model can explain the high ticket prices in China and the fact that some scenic spots are still planning to raise prices.

Keywords

differentiated products, monopoly competition, game theory, ticket price of the scenic spot

References

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3. Qingcheng Ren, Research on border tourism development in Manzhouli City from the perspective of game theory [J] Marketing, pp.62-64 (2019).

4. Hong Wei, Yan Yan, Research on the Protection and Tourism Development of Historic and Cultural Cities Based on Game Theory -- Taking Hancheng City in Shaanxi Province as an example [J] Resource development and market, pp.70-72+82 (2011).

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-077-6
ISBN (Online)
978-1-83558-078-3
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/28/20231306
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated