Optimal booking limits in the presence of strategic consumer behavior

DOI10.1111/J.1475-3995.2006.00537.XMaRDI QIDQ5488250zbMATHOpenAlexFDO

Authors John G. Wilson, Sangwon Kim, Chris Anderson

Publication date 14 September 2006

Published in International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL https://hdl.handle.net/1813/72529

zbMATH Keywords

newsvendor problemcensored observationsstrategic behavioryield management

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Case-oriented studies in operations research (90B90)

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Cites work

• Wait or buy? The strategic consumer: Pricing and profit implications

Cited in

(8)

• Simulation-Based Booking Limits for Airline Revenue Management
• Three-class static revenue management model with buy-up behavior
• Selling with binding reservations in the presence of strategic consumers
• Revenue management for low-cost providers
• Stochastic optimization models with substitution as a result of price differences and stockouts
• Saving seats for strategic customers
• Does uncertainty spread vertically? A theory of multilayer newsvendors under asymmetric information
• Wait or buy? The strategic consumer: Pricing and profit implications

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