Examlex
When a manager's position changes and her title changes from "department head" to "vice president," she has increased in legitimate power.
Fare Cuts
Reductions in the prices charged for transportation services, such as buses, trains, or airplanes, typically to attract more customers or achieve other strategic goals.
Independent Action
Decisions or actions taken by an individual or entity without coordination or influence from others.
Competing Airlines
Airlines that operate in the same markets and compete against each other for customers, often resulting in various pricing and service strategies.
Dominant Strategy
In game theory, a strategy that is the best for a player regardless of what strategies other players use, leading to an optimal outcome for the player employing it.
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