Forecasting the nearly unforecastable: why aren’t airline bookings adhering to the prediction algorithm?
Author
Abstract
Suggested Citation
DOI: 10.1007/s10660-021-09457-0
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Benny Mantin & Eran Rubin, 2016. "Fare Prediction Websites and Transaction Prices: Empirical Evidence from the Airline Industry," Marketing Science, INFORMS, vol. 35(4), pages 640-655, July.
- Hong Pan & Hanxun Zhou, 2020. "Study on convolutional neural network and its application in data mining and sales forecasting for E-commerce," Electronic Commerce Research, Springer, vol. 20(2), pages 297-320, June.
- S. N. Durlauf, "undated".
"A Framework for the Study of Individual Behavior and Social Interactions,"
Institute for Research on Poverty Discussion Papers
1220-01, University of Wisconsin Institute for Research on Poverty.
- Durlauf,S.N., 2000. "A framework for the study of individual behavior and social interactions," Working papers 16, Wisconsin Madison - Social Systems.
- Sadaf Shamshoddin & Jameel Khader & Showkat Gani, 2020. "Predicting consumer preferences in electronic market based on IoT and Social Networks using deep learning based collaborative filtering techniques," Electronic Commerce Research, Springer, vol. 20(2), pages 241-258, June.
- Yang Qian & Yuanchun Jiang & Yanan Du & Jianshan Sun & Yezheng Liu, 2020. "Segmenting market structure from multi-channel clickstream data: a novel generative model," Electronic Commerce Research, Springer, vol. 20(3), pages 509-533, September.
- Lichun Zhou, 2020. "Product advertising recommendation in e-commerce based on deep learning and distributed expression," Electronic Commerce Research, Springer, vol. 20(2), pages 321-342, June.
- Duncan Simester & Artem Timoshenko & Spyros I. Zoumpoulis, 2020. "Targeting Prospective Customers: Robustness of Machine-Learning Methods to Typical Data Challenges," Management Science, INFORMS, vol. 66(6), pages 2495-2522, June.
- Christian Richthammer & Günther Pernul, 2020. "Situation awareness for recommender systems," Electronic Commerce Research, Springer, vol. 20(4), pages 783-806, December.
- Jianshan Sun & Rongrong Ying & Yuanchun Jiang & Jianmin He & Zhengping Ding, 2020. "Leveraging friend and group information to improve social recommender system," Electronic Commerce Research, Springer, vol. 20(1), pages 147-172, March.
- Lori McCay-Peet & Elaine G. Toms, 2015. "Investigating serendipity: How it unfolds and what may influence it," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 66(7), pages 1463-1476, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Weiwei Deng, 2022. "Leveraging consumer behaviors for product recommendation: an approach based on heterogeneous network," Electronic Commerce Research, Springer, vol. 22(4), pages 1079-1105, December.
- Pilar Useche, 2016. "Who Contributes to the Provision of Public Goods at the Community Level? The Case of Potable Water in Ghana," Development Policy Review, Overseas Development Institute, vol. 34(6), pages 869-888, November.
- repec:zbw:rwidps:0002 is not listed on IDEAS
- White, Gareth R.T. & Samuel, Anthony, 2019. "Programmatic Advertising: Forewarning and avoiding hype-cycle failure," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 157-168.
- Denis Phan, 2006.
"Discrete Choices under Social Influence:Generic Properties,"
Post-Print
halshs-00105857, HAL.
- Mirta Gordon & Jean-Pierre Nadal & Denis Phan & Viktoriya Semeshenko, 2012. "Discrete Choices under Social Influence, Generic Properties," Post-Print halshs-04004539, HAL.
- Mirta Gordon & Jean-Pierre Nadal & Denis Phan & Viktoriya Semeshenko, 2012. "Discrete Choices under Social Influence: Generic Properties," Post-Print halshs-00135405, HAL.
- Hendrik P. van Dalen, 2003.
"Pluralism in Economics: A Public Good or a Public Bad?,"
Tinbergen Institute Discussion Papers
03-034/1, Tinbergen Institute, revised 18 May 2004.
- van Dalen, H.P., 2007. "Pluralism in economics : A public good or a public bad?," Other publications TiSEM a21f9078-5fba-467f-98b6-6, Tilburg University, School of Economics and Management.
- Ta-Wei Huang & Eva Ascarza, 2024. "Doing More with Less: Overcoming Ineffective Long-Term Targeting Using Short-Term Signals," Marketing Science, INFORMS, vol. 43(4), pages 863-884, July.
- Yuqi Peng & Mark Ferguson & Övünç Yılmaz, 2023. "Airline revenue management around sporting mega-events: an application using data from the Super Bowl XLIX," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 22(3), pages 188-200, June.
- Aruka, Yuji, 2004. "How to measure social interactions via group selection?: Cultural group selection, coevolutionary processes, and large-scale cooperation: a comment," Journal of Economic Behavior & Organization, Elsevier, vol. 53(1), pages 41-47, January.
- Robert RUSU & Constantin AVRAM, 2022. "Deep Learning Systems Integrated into the Digital Strategy of a Company Involved in e-commerce," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 5-10.
- Cremonini, Marco, 2016. "Introducing serendipity in a social network model of knowledge diffusion," Chaos, Solitons & Fractals, Elsevier, vol. 90(C), pages 64-71.
- Ganesh Iyer & T. Tony Ke, 2024. "Competitive Model Selection in Algorithmic Targeting," Marketing Science, INFORMS, vol. 43(6), pages 1226-1241, November.
- Mei-Li Shen & Cheng-Feng Lee & Hsiou-Hsiang Liu & Po-Yin Chang & Cheng-Hong Yang, 2021. "An Effective Hybrid Approach for Forecasting Currency Exchange Rates," Sustainability, MDPI, vol. 13(5), pages 1-29, March.
- Arodh Lal Karn & Rakshha Kumari Karna & Bhavana Raj Kondamudi & Girish Bagale & Denis A. Pustokhin & Irina V. Pustokhina & Sudhakar Sengan, 2023. "RETRACTED ARTICLE: Customer centric hybrid recommendation system for E-Commerce applications by integrating hybrid sentiment analysis," Electronic Commerce Research, Springer, vol. 23(1), pages 279-314, March.
- Stefano Bartolini & Ennio Bilancini & Francesco Sarracino, 2013.
"Predicting the Trend of Well-Being in Germany: How Much Do Comparisons, Adaptation and Sociability Matter?,"
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 114(2), pages 169-191, November.
- BARTOLINI Stefano & BILANCINI Ennio & SARRACINO Francesco, 2010. "Predicting the Trend of Well-Being in Germany: How Much Do Comparisons, Adaptation and Sociability Matter?," LISER Working Paper Series 2010-07, Luxembourg Institute of Socio-Economic Research (LISER).
- Stefano Bartolini & Ennio Bilancini & Francesco Sarracino, 2011. "Predicting the Trend of Well-Being in Germany: How Much Do Comparisons, Adaptation and Sociability Matter?," SOEPpapers on Multidisciplinary Panel Data Research 414, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Durlauf, Steven N. & Fafchamps, Marcel, 2005.
"Social Capital,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 26, pages 1639-1699,
Elsevier.
- Steven Durlauf & Marcel Fafchamps, 2004. "Social Capital," Development and Comp Systems 0409060, University Library of Munich, Germany.
- Durlauf,S.N. & Fafchamps,M., 2004. "Social capital," Working papers 12, Wisconsin Madison - Social Systems.
- Steven N. Durlauf & Marcel Fafchamps, 2004. "Social Capital," CSAE Working Paper Series 2004-14, Centre for the Study of African Economies, University of Oxford.
- Steven N. Durlauf & Marcel Fafchamps, 2004. "Social Capital," NBER Working Papers 10485, National Bureau of Economic Research, Inc.
- Md. Iftekharul Alam Efat & Petr Hajek & Mohammad Zoynul Abedin & Rahat Uddin Azad & Md. Al Jaber & Shuvra Aditya & Mohammad Kabir Hassan, 2024. "Deep-learning model using hybrid adaptive trend estimated series for modelling and forecasting sales," Annals of Operations Research, Springer, vol. 339(1), pages 297-328, August.
- Fertig, Michael, 2003.
"Educational Production, Endogenous Peer Group Formation and Class Composition – Evidence from the PISA 2000 Study,"
IZA Discussion Papers
714, Institute of Labor Economics (IZA).
- Fertig, Michael, 2003. "Educational Production, Endogenous Peer Group Formation and Class Composition - Evidence from the PISA 2000 Study," Royal Economic Society Annual Conference 2003 76, Royal Economic Society.
- Fertig, Michael, 2003. "Educational Production, Endogenous Peer Group Formation and Class Composition - Evidence From the PISA 2000 Study," RWI Discussion Papers 2, RWI - Leibniz-Institut für Wirtschaftsforschung.
- He, Peng & He, Yong & Zhou, Li, 2023. "Channel strategies for dual-channel firms to counter strategic consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 70(C).
- Pickhardt, Michael & Prinz, Aloys, 2014. "Behavioral dynamics of tax evasion – A survey," Journal of Economic Psychology, Elsevier, vol. 40(C), pages 1-19.
- Tobias Cagala & Ulrich Glogowsky & Johannes Rincke & Anthony Strittmatter, 2021.
"Optimal Targeting in Fundraising: A Machine-Learning Approach,"
Economics working papers
2021-08, Department of Economics, Johannes Kepler University Linz, Austria.
- Tobias Cagala & Ulrich Glogowsky & Johannes Rincke & Anthony Strittmatter, 2021. "Optimal Targeting in Fundraising: A Machine-Learning Approach," CESifo Working Paper Series 9037, CESifo.
More about this item
Keywords
Prediction; Recommendation; Airlines; Travel; User evaluation;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:elcore:v:21:y:2021:i:1:d:10.1007_s10660-021-09457-0. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.