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The two somewhat conflicting requirements of efficiency and fairness make ATFM an unsatisfactorily solved problem, despite its overwhelming importance. In this paper, we present an economics motivated solution that is based on the notion of…

计算复杂性 · 计算机科学 2011-09-27 Vijay V. Vazirani

This paper presents a model addressing welfare optimal policies of demand responsive transportation service, where passengers cause external travel time costs for other passengers due to the route changes. Optimal pricing and trip…

综合经济学 · 经济学 2021-03-02 Jani-Pekka Jokinen

This thesis investigates the dynamics of multimarket contact and airline mergers on collusive pricing of airlines. In align with Bernheim and Whinston (1990) and Athey et.al.(2004), it detects collusive pricing via pairwise price difference…

综合经济学 · 经济学 2024-05-28 Ziyu Yan

We study how a monopolist's use of consumer data for price discrimination affects welfare. To answer this question, we develop a model of market segmentation subject to residual uncertainty. We fully characterize when data usage…

理论经济学 · 经济学 2025-11-20 Maryam Farboodi , Nima Haghpanah , Ali Shourideh

In various markets where sellers compete in price, price oscillations are observed rather than convergence to equilibrium. Such fluctuations have been empirically observed in the retail market for gasoline, in airline pricing and in the…

计算机科学与博弈论 · 计算机科学 2015-04-28 Moshe Babaioff , Renato Paes Leme , Balasubramanian Sivan

We present a stylized model of the allocation of resources on a network. By considering as a concrete example the network of sectors of the airspace, where each node is a sector characterized by a maximal number of simultaneously present…

物理与社会 · 物理学 2015-06-11 Gérald Gurtner , Luca Valori , Fabrizio Lillo

Ancillaries have become a major source of revenue and profitability in the travel industry. Yet, conventional pricing strategies are based on business rules that are poorly optimized and do not respond to changing market conditions. This…

机器学习 · 统计学 2019-02-07 Naman Shukla , Arinbjörn Kolbeinsson , Ken Otwell , Lavanya Marla , Kartik Yellepeddi

Demand forecasting is extremely important in revenue management. After all, it is one of the inputs to an optimisation method which aim is to maximize revenue. Most, if not all, forecasting methods use historical data to forecast the…

最优化与控制 · 数学 2021-03-16 Daniel Hopman , Ger Koole , Rob van der Mei

In continuous-choice settings, consumers decide not only on whether to purchase a product, but also on how much to purchase. Thus, firms optimize a full price schedule rather than a single price point. This paper provides a methodology to…

综合经济学 · 经济学 2024-08-13 Soheil Ghili , Russ Yoon

This study investigates how the layout and density of seats in aircraft cabins influence the pricing of airline tickets on domestic flights. The analysis is based on microdata from boarding passes linked to face-to-face interviews with…

系统与控制 · 电气工程与系统科学 2025-12-10 Alessandro V. M. Oliveira , Moises D. Vassallo

Correctly estimating how demand respond to prices is fundamental for airlines willing to optimize their pricing policy. Under some conditions, these policies, while aiming at maximizing short term revenue, can present too little price…

机器学习 · 计算机科学 2022-03-22 Giovanni Gatti Pinheiro , Michael Defoin-Platel , Jean-Charles Regin

Reverse pricing has been recognized as an effective tool to handle demand uncertainty in the travel industry (e.g., airlines and hotels). To investigate its viability for communication networks, we study the practical limitations of…

网络与互联网体系结构 · 计算机科学 2016-03-23 Sang Yeob Jung , Seong-Lyun Kim

Most modern ticketing systems rely on a first-come-first-serve or randomized allocation system to determine the allocation of tickets. Such systems has received considerable backlash in recent years due to its inequitable allotment and…

综合经济学 · 经济学 2023-09-21 Boxiang Fu

A firm that sells a non perishable product considers intertemporal price discrimination in the objective of maximizing its long-run average revenue. We consider a general model of patient customers with changing valuations. Arriving…

最优化与控制 · 数学 2020-02-17 Araman Victor , Fayad Bassam

This article presents a model for the economic value of extra capacity at an airport. The model is based on a series of functional relationships linking the benefits of extra capacity and the associated costs. It takes into account the cost…

应用统计 · 统计学 2020-08-25 Gérald Gurtner , Anne Graham , Andrew Cook , Samuel Cristóbal

Premium air travel is often associated with a disproportionately large carbon emissions footprint. This association reflects the increased space and amenities typically found in premium cabins that existing discourse suggests makes their…

综合经济学 · 经济学 2025-09-03 Megan Yeo , Sebastian Nosenzo , Daniel S. Palmer , Alexei K. Varah , Lucas Woodley , Ashley Nunes

Online platforms, such as Airbnb, hotels.com, Amazon, Uber and Lyft, can control and optimize many aspects of product search to improve the efficiency of marketplaces. Here we focus on a common model, called the discriminatory control…

计算机科学与博弈论 · 计算机科学 2019-08-21 Zhenzhe Zheng , R. Srikant

We build on theoretical results from the mechanism design literature to analyze empirical models of second-degree price discrimination (2PD). We show that for a random-coefficients discrete choice ("BLP") model to be suitable for studying…

综合经济学 · 经济学 2025-10-03 Soheil Ghili , K. Sudhir , Nitish Jain , Ankur Garg

Price discrimination is a practice where firms utilize varying sensitivities to prices among consumers to increase profits. The welfare effects of price discrimination are not agreed on among economists, but identification of such actions…

计量经济学 · 经济学 2022-01-21 Davidson Cheng

The design of integrated mobility-on-demand services requires jointly considering the interactions between traveler choice behavior and operators' operation policies to design a financially sustainable pricing scheme. However, most existing…

综合经济学 · 经济学 2020-06-09 Tai-Yu Ma , Sylvain Klein
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