| 書目名稱 | Risk-Averse Capacity Control in Revenue Management |
| 編輯 | Christiane Barz |
| 視頻video | http://file.papertrans.cn/831/830776/830776.mp4 |
| 概述 | Includes supplementary material: |
| 叢書名稱 | Lecture Notes in Economics and Mathematical Systems |
| 圖書封面 |  |
| 描述 | “If necessity is the mother of invention, then deregulation is the father, and r- enue management (also known as yield management) is the couple’s golden child – at least as far as operations research is concerned.” (Horner, 2000, p. 47) Deregulation had a signi?cant impact on the U.S. airline industry in the late 1970s. Charter and low-cost airlines such as People Express and Southwest wereabletoo?erseatsatafractionofthepricechargedbyestablishedcarriers like Pan Am and American Airlines. Due to their di?erent cost structure, it seemed to be impossible for the big carriers to o?er tickets at the same low price. Yet they had to ?nd a way to compete. Robert L. Crandall from American Airlines is widely credited with the - lution to the problem:yield management – today calledrevenue management, since it maximizes revenue earned on a ?ight rather than yield (revenue per passenger mile). The idea was simple: American Airlines ?ights were only half full on - erage. O?ering the empty seats at a discount price would not only enable the carriers to compete with the low-cost airlines but even create additional r- enue, if (1) it were possible to prevent cannibalization, i.e. the sale of disco |
| 出版日期 | Book 2007 |
| 關(guān)鍵詞 | Expected Utility Theory; Markov Decision Processes; Revenue Management; Risk-Sensitive Control; manageme |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-540-73014-9 |
| isbn_softcover | 978-3-540-73013-2 |
| isbn_ebook | 978-3-540-73014-9Series ISSN 0075-8442 Series E-ISSN 2196-9957 |
| issn_series | 0075-8442 |
| copyright | Springer-Verlag Berlin Heidelberg 2007 |
|Archiver|手機(jī)版|小黑屋|
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