Consumers often consider delaying a purchase strategically, anticipating that prices might
decrease. Combining two unique data sources from the air-travel industry (posted fare data …

We consider the key operational problem of optimizing the mix of offered products to
maximize revenues when product prices are exogenously set and product demand follows a …

We present a forecasting methodology that enables forecasting in general fare structures
(or, equivalently, demand models), including restricted, semi-restricted, unrestricted and fare …

In this paper we describe a database of online airline prices collected from a major online
travel agent and a low-cost carrier. The database provides detailed pricing data for all …

This chapter estimates the demand for flights in an international air travel market using a
unique dataset with detailed information not only on flight choices but also on …

The choice network revenue management (RM) model incorporates customer purchase
behavior as customers purchasing products with certain probabilities that are a function of …