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A Model for Dynamic Airline Seat Inventory Control with Multiple Seat Bookings

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  1. Pak, K. & Piersma, N., 2002. "Airline revenue management: an overview of OR techniques 1982-2001," Econometric Institute Research Papers EI 2002-03, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
  2. Ş. İlker Birbil & J. B. G. Frenk & Joaquim A. S. Gromicho & Shuzhong Zhang, 2014. "A Network Airline Revenue Management Framework Based on Decomposition by Origins and Destinations," Transportation Science, INFORMS, vol. 48(3), pages 313-333, August.
  3. c{S}. .Ilker Birbil & J. B. G. Frenk & Joaquim A. S. Gromicho & Shuzhong Zhang, 2009. "The Role of Robust Optimization in Single-Leg Airline Revenue Management," Management Science, INFORMS, vol. 55(1), pages 148-163, January.
  4. Jeffrey I. McGill & Garrett J. van Ryzin, 1999. "Revenue Management: Research Overview and Prospects," Transportation Science, INFORMS, vol. 33(2), pages 233-256, May.
  5. David Sayah & Stefan Irnich, 2019. "Optimal booking control in revenue management with two substitutable resources," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 89(2), pages 189-222, April.
  6. Maddah, Bacel & Moussawi-Haidar, Lama & El-Taha, Muhammad & Rida, Hussein, 2010. "Dynamic cruise ship revenue management," European Journal of Operational Research, Elsevier, vol. 207(1), pages 445-455, November.
  7. Chatwin, Richard E., 2000. "Optimal dynamic pricing of perishable products with stochastic demand and a finite set of prices," European Journal of Operational Research, Elsevier, vol. 125(1), pages 149-174, August.
  8. Zhuang, Weifen & Li, Michael Z.F., 2012. "Monotone optimal control for a class of Markov decision processes," European Journal of Operational Research, Elsevier, vol. 217(2), pages 342-350.
  9. Gönsch, Jochen & Koch, Sebastian & Steinhardt, Claudius, 2014. "Revenue management with flexible products: The value of flexibility and its incorporation into DLP-based approaches," International Journal of Production Economics, Elsevier, vol. 153(C), pages 280-294.
  10. C. Barz & K. Waldmann, 2007. "Risk-sensitive capacity control in revenue management," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 65(3), pages 565-579, June.
  11. Schön, Cornelia, 2010. "Optimal dynamic price selection under attraction choice models," European Journal of Operational Research, Elsevier, vol. 205(3), pages 650-660, September.
  12. Conrad J. Lautenbacher & Shaler Stidham, 1999. "The Underlying Markov Decision Process in the Single-Leg Airline Yield-Management Problem," Transportation Science, INFORMS, vol. 33(2), pages 136-146, May.
  13. Daniel Hopman & Ger Koole & Rob van der Mei, 2017. "Single-leg revenue management with downsell and delayed decision making," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 16(6), pages 594-606, December.
  14. Özkan, Can & Karaesmen, Fikri & Özekici, Süleyman, 2013. "Structural properties of Markov modulated revenue management problems," European Journal of Operational Research, Elsevier, vol. 225(2), pages 324-331.
  15. Grace Lin & Yingdong Lu & David Yao, 2007. "Stochastic Knapsack Problem Revisited: Switch-Over Policies and Dynamic Pricing," Papers 0708.1146, arXiv.org.
  16. Koenig, Matthias & Meissner, Joern, 2015. "Value-at-risk optimal policies for revenue management problems," International Journal of Production Economics, Elsevier, vol. 166(C), pages 11-19.
  17. Dimitris Bertsimas & Ioana Popescu, 2003. "Revenue Management in a Dynamic Network Environment," Transportation Science, INFORMS, vol. 37(3), pages 257-277, August.
  18. Pak, K. & Dekker, R., 2004. "Cargo Revenue Management: Bid-Prices for a 0-1 Multi Knapsack Problem," ERIM Report Series Research in Management ERS-2004-055-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
  19. Suresh K. Nair & Ravi Bapna, 2001. "An application of yield management for Internet Service Providers," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(5), pages 348-362, August.
  20. William L. Cooper, 2002. "Asymptotic Behavior of an Allocation Policy for Revenue Management," Operations Research, INFORMS, vol. 50(4), pages 720-727, August.
  21. Wen Zhao & Yu-Sheng Zheng, 2001. "A Dynamic Model for Airline Seat Allocation with Passenger Diversion and No-Shows," Transportation Science, INFORMS, vol. 35(1), pages 80-98, February.
  22. Thomas Fiig & Remy Guen & Mathilde Gauchet, 2018. "Dynamic pricing of airline offers," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 17(6), pages 381-393, December.
  23. William L. Cooper & Tito Homem-de-Mello, 2007. "Some Decomposition Methods for Revenue Management," Transportation Science, INFORMS, vol. 41(3), pages 332-353, August.
  24. Aniruddha Dutta, 2019. "Capacity Allocation of Game Tickets Using Dynamic Pricing," Data, MDPI, vol. 4(4), pages 1-12, October.
  25. Youyi Feng & Baichun Xiao, 2000. "Optimal Policies of Yield Management with Multiple Predetermined Prices," Operations Research, INFORMS, vol. 48(2), pages 332-343, April.
  26. Kannapha Amaruchkul & William L. Cooper & Diwakar Gupta, 2007. "Single-Leg Air-Cargo Revenue Management," Transportation Science, INFORMS, vol. 41(4), pages 457-469, November.
  27. Grace Y. Lin & Yingdong Lu & David D. Yao, 2008. "The Stochastic Knapsack Revisited: Switch-Over Policies and Dynamic Pricing," Operations Research, INFORMS, vol. 56(4), pages 945-957, August.
  28. Wen Zhao & Yu-Sheng Zheng, 2000. "Optimal Dynamic Pricing for Perishable Assets with Nonhomogeneous Demand," Management Science, INFORMS, vol. 46(3), pages 375-388, March.
  29. Richard Van Slyke & Yi Young, 2000. "Finite Horizon Stochastic Knapsacks with Applications to Yield Management," Operations Research, INFORMS, vol. 48(1), pages 155-172, February.
  30. Sebastian Koch & Jochen Gönsch & Claudius Steinhardt, 2017. "Dynamic Programming Decomposition for Choice-Based Revenue Management with Flexible Products," Transportation Science, INFORMS, vol. 51(4), pages 1046-1062, November.
  31. Koenig, Matthias & Meissner, Joern, 2010. "List pricing versus dynamic pricing: Impact on the revenue risk," European Journal of Operational Research, Elsevier, vol. 204(3), pages 505-512, August.
  32. Feng, Youyi & Xiao, Baichun, 2006. "Integration of pricing and capacity allocation for perishable products," European Journal of Operational Research, Elsevier, vol. 168(1), pages 17-34, January.
  33. Garrett van Ryzin & Gustavo Vulcano, 2008. "Simulation-Based Optimization of Virtual Nesting Controls for Network Revenue Management," Operations Research, INFORMS, vol. 56(4), pages 865-880, August.
  34. Maclean, K.D.S. & Ødegaard, F., 2020. "Dynamic capacity allocation for group bookings in live entertainment," European Journal of Operational Research, Elsevier, vol. 287(3), pages 975-988.
  35. J. B. G. Frenk & Behrooz Pourghannad & Semih O. Sezer, 2017. "A Static Model in Single Leg Flight Airline Revenue Management," Transportation Science, INFORMS, vol. 51(1), pages 214-232, February.
  36. Shirin Aslani & Soheil Sibdari & Mohammad Modarres, 2018. "Revenue Management with Customers’ Reference Price: Are the Existing Methods Effective?," Service Science, INFORMS, vol. 10(2), pages 195-214, June.
  37. Gabriel Bitran & René Caldentey, 2003. "An Overview of Pricing Models for Revenue Management," Manufacturing & Service Operations Management, INFORMS, vol. 5(3), pages 203-229, August.
  38. Peng-Sheng You, 1999. "Dynamic Pricing in Airline Seat Management for Flights with Multiple Flight Legs," Transportation Science, INFORMS, vol. 33(2), pages 192-206, May.
  39. Robert Hjorth & Thomas Fiig & Jesper Larsen & Nicolas Bondoux, 2018. "Joint overbooking and seat allocation for fare families," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 17(6), pages 436-452, December.
  40. Feng, Youyi & Xiao, Baichun, 2006. "A continuous-time seat control model for single-leg flights with no-shows and optimal overbooking upper bound," European Journal of Operational Research, Elsevier, vol. 174(2), pages 1298-1316, October.
  41. Pak, K. & Dekker, R. & Kindervater, G.A.P., 2003. "Airline Revenue Management with Shifting Capacity," Econometric Institute Research Papers ERS-2003-091-LIS, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
  42. Sumit Kunnumkal & Huseyin Topaloglu, 2009. "A stochastic approximation method for the single-leg revenue management problem with discrete demand distributions," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 70(3), pages 477-504, December.
  43. Wuyang Yuan & Lei Nie & Xin Wu & Huiling Fu, 2018. "A dynamic bid price approach for the seat inventory control problem in railway networks with consideration of passenger transfer," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-23, August.
  44. Youyi Feng & Baichun Xiao, 2001. "A Dynamic Airline Seat Inventory Control Model and Its Optimal Policy," Operations Research, INFORMS, vol. 49(6), pages 938-949, December.
  45. David Sayah & Stefan Irnich, 2016. "Optimal Booking Control in Airline Revenue Management with Two Flights and Flexible Products," Working Papers 1604, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
  46. Kalyan Talluri & Garrett van Ryzin, 2004. "Revenue Management Under a General Discrete Choice Model of Consumer Behavior," Management Science, INFORMS, vol. 50(1), pages 15-33, January.
  47. Kyle Y. Lin, 2004. "A sequential dynamic pricing model and its applications," Naval Research Logistics (NRL), John Wiley & Sons, vol. 51(4), pages 501-521, June.
  48. Kalyan Talluri & Garrett van Ryzin, 1998. "An Analysis of Bid-Price Controls for Network Revenue Management," Management Science, INFORMS, vol. 44(11-Part-1), pages 1577-1593, November.
  49. Chris K. Anderson, 2009. "Setting Prices on Priceline," Interfaces, INFORMS, vol. 39(4), pages 307-315, August.
  50. Vinayak Deshpande & Morris A. Cohen & Karen Donohue, 2003. "A Threshold Inventory Rationing Policy for Service-Differentiated Demand Classes," Management Science, INFORMS, vol. 49(6), pages 683-703, June.
  51. Hans-Jörg Schütz & Rainer Kolisch, 2013. "Capacity allocation for demand of different customer-product-combinations with cancellations, no-shows, and overbooking when there is a sequential delivery of service," Annals of Operations Research, Springer, vol. 206(1), pages 401-423, July.
  52. Shelby Brumelle & Darius Walczak, 2003. "Dynamic Airline Revenue Management with Multiple Semi-Markov Demand," Operations Research, INFORMS, vol. 51(1), pages 137-148, February.
  53. Guillermo Gallego & Haengju Lee, 2020. "Callable products with dependent demands," Naval Research Logistics (NRL), John Wiley & Sons, vol. 67(3), pages 185-200, April.
  54. Schütz, Hans-Jörg & Kolisch, Rainer, 2012. "Approximate dynamic programming for capacity allocation in the service industry," European Journal of Operational Research, Elsevier, vol. 218(1), pages 239-250.
  55. You, Peng-Sheng, 2008. "An efficient computational approach for railway booking problems," European Journal of Operational Research, Elsevier, vol. 185(2), pages 811-824, March.
  56. You, Peng-Sheng, 2001. "Airline seat management with rejection-for-possible-upgrade decision," Transportation Research Part B: Methodological, Elsevier, vol. 35(5), pages 507-524, June.
  57. Chung, Younshik & Song, Taijin & Park, Jungsik, 2012. "Freeway booking policy: Public discourse and acceptability analysis," Transport Policy, Elsevier, vol. 24(C), pages 223-231.
  58. Yigao Liang, 1999. "Solution to the Continuous Time Dynamic Yield Management Model," Transportation Science, INFORMS, vol. 33(1), pages 117-123, February.
  59. Kalyan Talluri & Garrett van Ryzin, 2000. "Revenue management under general discrete choice model of consumer behavior," Economics Working Papers 533, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2001.
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  61. Anton J. Kleywegt & Jason D. Papastavrou, 1998. "The Dynamic and Stochastic Knapsack Problem," Operations Research, INFORMS, vol. 46(1), pages 17-35, February.
  62. Han, Dong Ling & Tang, Loon Ching & Huang, Huei Chuen, 2010. "A Markov model for single-leg air cargo revenue management under a bid-price policy," European Journal of Operational Research, Elsevier, vol. 200(3), pages 800-811, February.
  63. Wang, Xiubin & Regan, Amelia, 2006. "Dynamic yield management when aircraft assignments are subject to swap," Transportation Research Part B: Methodological, Elsevier, vol. 40(7), pages 563-576, August.
  64. Kavitha Balaiyan & R. K. Amit & Atul Kumar Malik & Xiaodong Luo & Amit Agarwal, 2019. "Joint forecasting for airline pricing and revenue management," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 18(6), pages 465-482, December.
  65. Yalç{i}n Akçay & Harihara Prasad Natarajan & Susan H. Xu, 2010. "Joint Dynamic Pricing of Multiple Perishable Products Under Consumer Choice," Management Science, INFORMS, vol. 56(8), pages 1345-1361, August.
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  67. Zhang, Michael & Bell, Peter C. & Cai, Gangshu (George) & Chen, Xiangfeng, 2010. "Optimal fences and joint price and inventory decisions in distinct markets with demand leakage," European Journal of Operational Research, Elsevier, vol. 204(3), pages 589-596, August.
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