Analysis of seat allocation and overbooking decisions with hybrid information

DOI10.1016/J.EJOR.2014.07.021zbMATH1357.90068OpenAlexW2085433091MaRDI 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

zbMATH Keywords

competitive analysisregretrevenue managementcross entropy method

Mathematics Subject Classification ID

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

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Cites work

• scientific article; zbMATH DE number 2117227 (Why is no real title available?)
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• Airline overbooking in the multi-class case
• Airline yield management with overbooking, cancellations, and no-shows
• Continuous-time airline overbooking with time-dependent fares and refunds
• Decision and Team Problems in Airline Reservations
• Fully distribution-free profit maximization: the inventory management case
• Model-based search for combinatorial optimization: A critical survey
• Online algorithms: a survey
• Overbooking with Substitutable Inventory Classes
• Revenue management with limited demand information
• Revenue management without forecasting or optimization: an adaptive algorithm for determining airline seat protection levels
• Revenue management: Research overview and prospects
• Risk-sensitive capacity control in revenue management
• Technical Note—A Risk-Sensitive Model for Managing Perishable Products
• The Role of Robust Optimization in Single-Leg Airline Revenue Management
• The Theory of Statistical Decision
• The cross-entropy method for combinatorial and continuous optimization
• The theory and practice of revenue management
• Toward Robust Revenue Management: Competitive Analysis of Online Booking

Cited in

(7)

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

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