A revenue management problem with a choice model of consumer behaviour in a random environment

DOI10.1007/S00291-014-0380-9MaRDI QIDQ2018114zbMATH OpenOpenAlexWikidataFDO

Authors Can Özkan, Fikri Karaesmen, Süleyman Özekici

Publication date 10 April 2015

Published in OR Spectrum (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00291-014-0380-9

zbMATH Keywords

dynamic programmingMarkov modulationrevenue managementchoice behavior

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Dynamic programming (90C39) Stochastic programming (90C15) Consumer behavior, demand theory (91B42) Markov and semi-Markov decision processes (90C40)

Recommendations

• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Stochastic comparisons in revenue management under a discrete choice model of consumer behavior
• Structural properties of Markov modulated revenue management problems
• A framework for solving network revenue management problems with customer choice behavior
• A robust model for choice-based capacity control

Cites work

• A dynamic inventory rationing problem with uncertain demand and production rates
• A partially observed Markov decision process for dynamic pricing
• A refined deterministic linear program for the network revenue management problem with customer choice behavior
• Improved bid prices for choice-based network revenue management
• Inventory Control in a Fluctuating Demand Environment
• Inventory models with unreliable suppliers in a random environment
• Mathematical programming models for revenue management under customer choice
• Network revenue management with inventory-sensitive bid prices and customer choice
• OPTIMAL PRICING AND PRODUCTION POLICIES OF A MAKE-TO-STOCK SYSTEM WITH FLUCTUATING DEMAND
• On the structural properties of a discrete-time single product revenue management problem
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Risk-averse capacity control in revenue management
• Structural properties of Markov modulated revenue management problems
• The theory and practice of revenue management

Cited in

(9)

• Models of the Spiral-Down Effect in Revenue Management
• A Monopolistic and Oligopolistic Stochastic Flow Revenue Management Model
• The benefits of incorporating utility dependencies in finite mixture probit models
• Randomized pricing of a storable good in the presence of consumer stockpiling
• Mathematical programming models for revenue management under customer choice
• Structural properties of Markov modulated revenue management problems
• Revenue management under randomly evolving economic conditions
• A robust model for choice-based capacity control
• Stochastic comparisons in revenue management under a discrete choice model of consumer behavior

This page was built for publication: A revenue management problem with a choice model of consumer behaviour in a random environment

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2018114)