Analysis of seat allocation and overbooking decisions with hybrid information

DOI10.1016/J.EJOR.2014.07.021zbMATH Open1357.90068OpenAlexW2085433091MaRDI QIDQ2629656FDOQ2629656

Authors: Yingjie Lan, Michael O. Ball, Itir Karaesmen, Jean X. Zhang, Gloria X. Liu 

Publication date: 6 July 2016

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2014.07.021

Recommendations

• Airline yield management with overbooking, cancellations, and no-shows
• Revenue management with limited demand information
• Adaptive stochastic airline seat inventory control under parametric uncertainty
• A continuous-time seat control model for single-leg flights with no-shows and optimal overbooking upper bound
• The Role of Robust Optimization in Single-Leg Airline Revenue Management

zbMATH Keywords

competitive analysisregretrevenue managementcross entropy method

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Inventory, storage, reservoirs (90B05)

Cites Work

• The cross-entropy method for combinatorial and continuous optimization
• The Theory of Statistical Decision
• Title not available (Why is that?)
• Fully distribution-free profit maximization: the inventory management case
• A Model Reference Adaptive Search Method for Global Optimization
• The theory and practice of revenue management
• Airline yield management with overbooking, cancellations, and no-shows
• Revenue management: Research overview and prospects
• A dynamic programming decomposition method for making overbooking decisions over an airline network
• Overbooking with Substitutable Inventory Classes
• Online algorithms: a survey
• Risk-sensitive capacity control in revenue management
• Technical Note—A Risk-Sensitive Model for Managing Perishable Products
• Toward Robust Revenue Management: Competitive Analysis of Online Booking
• A stochastic approximation method for the single-leg revenue management problem with discrete demand distributions
• Revenue management without forecasting or optimization: an adaptive algorithm for determining airline seat protection levels
• Revenue management with limited demand information
• The Role of Robust Optimization in Single-Leg Airline Revenue Management
• Model-based search for combinatorial optimization: A critical survey
• A stochastic approximation algorithm to compute bid prices for joint capacity allocation and overbooking over an airline network
• Continuous-time airline overbooking with time-dependent fares and refunds
• Airline overbooking in the multi-class case
• Decision and Team Problems in Airline Reservations

Cited In (7)

• A survey on risk-averse and robust revenue management
• Competitive analysis of online revenue management with hierarchical resources
• Optimal overbooking decision for a “Hotel + OTA” dual‐channel supply chain
• Market structure and the value of overselling under stochastic demands
• Revenue management with limited demand information
• Uncertain random overbooking problem
• Airline overbooking problem with uncertain no-shows

This page was built for publication: Analysis of seat allocation and overbooking decisions with hybrid information

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2629656)