Congestion-dependent pricing in a stochastic service system

DOI10.1239/aap/1198177232zbMath1151.90009OpenAlexW2057221623MaRDI QIDQ5443144

Hayriye Ayhan, Idriss Maoui, Robert D. Foley

Publication date: 20 February 2008

Published in: Unnamed Author (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1239/aap/1198177232

zbMATH Keywords

Markov decision processCongestionQueueingDynamic pricingRevenue management

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Markov and semi-Markov decision processes (90C40)

Related Items (4)

ANALYSIS AND APPLICATIONS OF THE RESIDUAL VARENTROPY OF RANDOM LIFETIMES ⋮ Congestion-dependent pricing in a stochastic service system ⋮ Optimal pricing for tandem queues with finite buffers ⋮ Optimal pricing for a \(\mathrm{GI}/\mathrm{M}/k/N\) queue with several customer types and holding costs

Cites Work

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• Error bounds for rolling horizon policies in discrete-time Markov control processes
• Relationships Among Three Assumptions in Revenue Management
• Congestion-dependent pricing in a stochastic service system
• The Regulation of Queue Size by Levying Tolls
• On Optimal Balking Rules and Toll Charges in the GI/M/1 Queuing Process
• Individual and Social Optimization in a Multiserver Queue with a General Cost-Benefit Structure

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