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Revenue Management: Research Overview and Prospects

Author

Listed:
  • Jeffrey I. McGill

    (Queen's University, School of Business, Kingston, Ontario K7L 3N6, Canada)

  • Garrett J. van Ryzin

    (Columbia University, Graduate School of Business, 412 Uris Hall, New York 10027)

Abstract

This survey reviews the forty-year history of research on transportation revenue management (also known as yield management). We cover developments in forecasting, overbooking, seat inventory control, and pricing, as they relate to revenue management, and suggest future research directions. The survey includes a glossary of revenue management terminology and a bibliography of over 190 references.

Suggested Citation

  • Jeffrey I. McGill & Garrett J. van Ryzin, 1999. "Revenue Management: Research Overview and Prospects," Transportation Science, INFORMS, vol. 33(2), pages 233-256, May.
    • Handle: RePEc:inm:ortrsc:v:33:y:1999:i:2:p:233-256
    DOI: 10.1287/trsc.33.2.233
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    References listed on IDEAS

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