Optimal booking limits in the presence of strategic consumer behavior

DOI10.1111/J.1475-3995.2006.00537.XzbMATH Open1127.90382OpenAlexW2130480977MaRDI QIDQ5488250FDOQ5488250

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

Recommendations

• Wait or buy? The strategic consumer: Pricing and profit implications
• Selling with binding reservations in the presence of strategic consumers
• Airline yield management with overbooking, cancellations, and no-shows
• Optimal and Approximate Control Policies for Airline Booking with Sequential Nonmonotonic Fare Classes
• The underlying Markov decision process in the single-leg airline yield-management problem

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)

Cites Work

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

Cited In (8)

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

This page was built for publication: Optimal booking limits in the presence of strategic consumer behavior

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5488250)