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A refinement of prudent choices

✍ Scribed by Nicolas Houy

Publisher: Elsevier Science
Year: 2011
Tongue: English
Weight: 217 KB
Volume: 61
Category: Article
ISSN: 0165-4896
DOI: 10.1016/j.mathsocsci.2011.02.002

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## Abstract We present a new deterministic linear program for the network revenue management problem with customer choice behavior. The novel aspect of our linear program is that it naturally generates bid prices that depend on how much time is left until the time of departure. Similar to the earli