In the airline industry,it is common to see one airline changing the airfare (price)between two cities and other airlines either matching the price or actively deciding not to change their prices.What type of game can describe this situation?

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This situation can be described as a sequential game, as the airlines are making decisions in a specific order in response to each other's choices. One airline changes the price, and then others decide whether to match or not. This is a repeated game, as it occurs over time, and the airlines can use tit-for-tat strategies by matching prices in response to each other's actions. However, it is not a bargaining game, as there is no direct negotiation between the airlines, and it is not non-sequential, as the actions are occurring in a specific order.

In the Airline Industry,it Is Common to See One Airline