𝔖 Bobbio Scriptorium
✦   LIBER   ✦

overview of OR techniques for airline revenue management

✍ Scribed by Kevin Pak; Nanda Piersma


Book ID
108542473
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
148 KB
Volume
56
Category
Article
ISSN
0039-0402

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Dynamic Pricing Model for Airline Revenu
✍ Li LUO; Ji-hua PENG πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier βš– 444 KB

This article develops a continuous-time dynamic pricing model for two competitive flights with stochastic control theory and game theory. Two price levels are taken into account for each flight. The condition of the equilibrium solution is derived. Solutions and corresponding properties are discusse