Revenue Management of Callable Products

Duopoly game of callable products in airline revenue management

This paper studies the capacity allocation game between duopolistic airlines which could offer callable products. Previous literature has shown that callable products provide a riskless source of additional revenue for a monopolistic airline. We examine the impact of the introduction of callable products on the revenues and the booking limits of duopolistic airlines. The analytical results demo...

Electronic Companion — “ Revenue Management of Callable Products ” by Guillermo Gallego

Valuing Callable and Putable Revenue-performance-linked Project Backed Securities

Public owners face a constant demand for developing new projects and for funding the renewal, maintenance and operation of existing infrastructure projects. One way to raise capitals to provide new financial resources to constrained budgets is to securitize a stream of revenue cash flows from a portfolio of mature infrastructure projects. We present a new type of PBS, the revenue performance-li...

Solving Bi-objective Model of Hotel Revenue Management Considering Customer Choice Behavior Using Meta-heuristic Algorithms

The problem of maximizing the benefit from a specified number of a particular product with respect to the behavior of customer choices is regarded as revenue management. This managerial technique was first adopted by the airline industries before being widely used by many others such as hotel industries. The scope of this research is mainly focused on hotel revenue management, regarding which a...

Three-stage mining metals supply chain coordination and air pollutant emission reduction with revenue sharing contract

One of the main concerns of all industries such as mine industries is to increase their profit and keep their customers through improving quality level of their products; but increasing the quality of products usually releases air pollutants. Nowadays the management of air pollutant emissions with harmful environmental and health effects is one of the most pressing problems. In this paper, auth...