Revenue Management Without Forecasting or Optimization: An Adaptive Algorithm for Determining Airline Seat Protection Levels
From MaRDI portal
Publication:3116762
DOI10.1287/mnsc.46.6.760.11936zbMath1231.90414OpenAlexW2124248187MaRDI QIDQ3116762
Jeff McGill, Garrett J. van Ryzin
Publication date: 12 February 2012
Published in: Management Science (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/mnsc.46.6.760.11936
Applications of mathematical programming (90C90) Stochastic programming (90C15) Transportation, logistics and supply chain management (90B06)
Related Items (15)
Analysis of seat allocation and overbooking decisions with hybrid information ⋮ On a semi-dynamic pricing and seat inventory allocation problem ⋮ Simulation optimization for revenue management of airlines with cancellations and overbooking ⋮ Simulation of stochastic demand data streams for network revenue management problems ⋮ Learning and Pricing with Models That Do Not Explicitly Incorporate Competition ⋮ Price volatility of revenue managed goods: implications for demand and price elasticity ⋮ A reinforcement learning approach to distribution-free capacity allocation for sea cargo revenue management ⋮ A survey on risk-averse and robust revenue management ⋮ Online Sequential Optimization with Biased Gradients: Theory and Applications to Censored Demand ⋮ Unconstraining methods in revenue management systems: research overview and prospects ⋮ Gaussian processes for unconstraining demand ⋮ Algorithms for Online Matching, Assortment, and Pricing with Tight Weight-Dependent Competitive Ratios ⋮ Supply Allocation Under Sequential Advance Demand Information ⋮ Multidimensional stochastic approximation ⋮ A stochastic approximation method for the single-leg revenue management problem with discrete demand distributions
This page was built for publication: Revenue Management Without Forecasting or Optimization: An Adaptive Algorithm for Determining Airline Seat Protection Levels