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Exogenous Capacity Changes in Airline Revenue Management: Quantifying the Value of Information

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Exogenous Capacity Changes in Airline Revenue Management : Quantifying the Value of Information. / Kadatz, Daniel; Kliewer, Natalia; Cleophas, Catherine.

Operations Research Proceedings 2016: Selected Papers of the Annual International Conference of the German Operations Research Society (GOR), Helmut Schmidt University Hamburg, Germany, August 30 - September 2, 2016. ed. / Andreas Fink; Armin Fügenschuh; Martin Joseph Geiger. Cham : Springer, 2017. p. 429-434.

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNConference contribution/Paperpeer-review

Harvard

Kadatz, D, Kliewer, N & Cleophas, C 2017, Exogenous Capacity Changes in Airline Revenue Management: Quantifying the Value of Information. in A Fink, A Fügenschuh & MJ Geiger (eds), Operations Research Proceedings 2016: Selected Papers of the Annual International Conference of the German Operations Research Society (GOR), Helmut Schmidt University Hamburg, Germany, August 30 - September 2, 2016. Springer, Cham, pp. 429-434. https://doi.org/10.1007/978-3-319-55702-1_57

APA

Kadatz, D., Kliewer, N., & Cleophas, C. (2017). Exogenous Capacity Changes in Airline Revenue Management: Quantifying the Value of Information. In A. Fink, A. Fügenschuh, & M. J. Geiger (Eds.), Operations Research Proceedings 2016: Selected Papers of the Annual International Conference of the German Operations Research Society (GOR), Helmut Schmidt University Hamburg, Germany, August 30 - September 2, 2016 (pp. 429-434). Springer. https://doi.org/10.1007/978-3-319-55702-1_57

Vancouver

Kadatz D, Kliewer N, Cleophas C. Exogenous Capacity Changes in Airline Revenue Management: Quantifying the Value of Information. In Fink A, Fügenschuh A, Geiger MJ, editors, Operations Research Proceedings 2016: Selected Papers of the Annual International Conference of the German Operations Research Society (GOR), Helmut Schmidt University Hamburg, Germany, August 30 - September 2, 2016. Cham: Springer. 2017. p. 429-434 https://doi.org/10.1007/978-3-319-55702-1_57

Author

Kadatz, Daniel ; Kliewer, Natalia ; Cleophas, Catherine. / Exogenous Capacity Changes in Airline Revenue Management : Quantifying the Value of Information. Operations Research Proceedings 2016: Selected Papers of the Annual International Conference of the German Operations Research Society (GOR), Helmut Schmidt University Hamburg, Germany, August 30 - September 2, 2016. editor / Andreas Fink ; Armin Fügenschuh ; Martin Joseph Geiger. Cham : Springer, 2017. pp. 429-434

Bibtex

@inproceedings{b5037b6e79ee4b1aa918fe3ff55f664b,
title = "Exogenous Capacity Changes in Airline Revenue Management: Quantifying the Value of Information",
abstract = "In airline revenue management, capacity is usually assumed to be fixed. However, capacity changes are common in practice. This contribution quantifies the value of information when systematically considering possible capacity changes in revenue optimization. It solves a stochastic model that anticipates capacity changes, given different levels of information. A computational study compares solution approaches with respect to the resulting revenue, seat load factor, and denied boarding.",
author = "Daniel Kadatz and Natalia Kliewer and Catherine Cleophas",
year = "2017",
doi = "10.1007/978-3-319-55702-1_57",
language = "English",
isbn = "9783319557014",
pages = "429--434",
editor = "Andreas Fink and Armin F{\"u}genschuh and Geiger, {Martin Joseph}",
booktitle = "Operations Research Proceedings 2016",
publisher = "Springer",

}

RIS

TY - GEN

T1 - Exogenous Capacity Changes in Airline Revenue Management

T2 - Quantifying the Value of Information

AU - Kadatz, Daniel

AU - Kliewer, Natalia

AU - Cleophas, Catherine

PY - 2017

Y1 - 2017

N2 - In airline revenue management, capacity is usually assumed to be fixed. However, capacity changes are common in practice. This contribution quantifies the value of information when systematically considering possible capacity changes in revenue optimization. It solves a stochastic model that anticipates capacity changes, given different levels of information. A computational study compares solution approaches with respect to the resulting revenue, seat load factor, and denied boarding.

AB - In airline revenue management, capacity is usually assumed to be fixed. However, capacity changes are common in practice. This contribution quantifies the value of information when systematically considering possible capacity changes in revenue optimization. It solves a stochastic model that anticipates capacity changes, given different levels of information. A computational study compares solution approaches with respect to the resulting revenue, seat load factor, and denied boarding.

U2 - 10.1007/978-3-319-55702-1_57

DO - 10.1007/978-3-319-55702-1_57

M3 - Conference contribution/Paper

SN - 9783319557014

SP - 429

EP - 434

BT - Operations Research Proceedings 2016

A2 - Fink, Andreas

A2 - Fügenschuh, Armin

A2 - Geiger, Martin Joseph

PB - Springer

CY - Cham

ER -