-Consider the Noncooperative, One-Time, Static Game Depicted in Figure 2

Multiple Choice

-Consider the noncooperative, one-time, static game depicted in Figure 2.11. Fly-by-night Airlines and Going-going-gone Airways are rival air carriers operating in the lucrative northeast corridor. Each air carrier is considering implementing a frequent-flyer program or continuing with their standard fare schedule. Which company has a dominant strategy?

A) Fly-by-night
B) Going-going-gone
C) Both airlines
D) Neither airline