𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Revenue management

✍ Scribed by A. Kimms; R. Klein


Publisher
Springer
Year
2006
Tongue
German
Weight
50 KB
Volume
29
Category
Article
ISSN
0171-6468

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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