STOCHASTIC COMPARISONS IN REVENUE MANAGEMENT UNDER A DISCRETE CHOICE MODEL OF CONSUMER BEHAVIOR
نویسندگان
چکیده
منابع مشابه
Stochastic Comparisons in Revenue Management under a Discrete Choice Model of Consumer Behavior
Abstract This study examines the monotonicity properties of expected revenue in a revenue management problem with respect to the consumers’ choice behavior and the market size. The consumer behavior is described by a general discrete choice model. The firm decides which subset of fare products to offer at each time period. An example shows that the usual stochastic order relation in consumers’ ...
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ژورنال
عنوان ژورنال: Journal of the Operations Research Society of Japan
سال: 2010
ISSN: 0453-4514,2188-8299
DOI: 10.15807/jorsj.53.207