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Railway Revenue Management: Overview and Models

Research output: Working paper

Published

Standard

Railway Revenue Management: Overview and Models. / Armstrong, A; Meissner, J.

Lancaster University : The Department of Management Science, 2010. (Management Science Working Paper Series).

Research output: Working paper

Harvard

Armstrong, A & Meissner, J 2010 'Railway Revenue Management: Overview and Models' Management Science Working Paper Series, The Department of Management Science, Lancaster University.

APA

Armstrong, A., & Meissner, J. (2010). Railway Revenue Management: Overview and Models. (Management Science Working Paper Series). The Department of Management Science.

Vancouver

Armstrong A, Meissner J. Railway Revenue Management: Overview and Models. Lancaster University: The Department of Management Science. 2010. (Management Science Working Paper Series).

Author

Armstrong, A ; Meissner, J. / Railway Revenue Management: Overview and Models. Lancaster University : The Department of Management Science, 2010. (Management Science Working Paper Series).

Bibtex

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title = "Railway Revenue Management: Overview and Models",
abstract = "The railway industry offers similar revenue management opportunities to those found in the airline industry. The railway industry caters for the delivery and management of cargo as well as the transport of passengers. Unlike the airline industry, the railway industry has seen relatively little attention to revenue management problems. We provide an overview of the published literature for both passenger and freight rail revenue management. We include a summary of the some the available models and include some possible extensions. From the existing literature and talks with industry, it is clear that that there is room to exploit revenue management techniques in the railway industry, an industry that has revenues of $60 billion in the US and promises huge growth in Europe in the forthcoming years.",
keywords = "railway, revenue management, pricing, passenger, freight, models",
author = "A Armstrong and J Meissner",
year = "2010",
language = "English",
series = "Management Science Working Paper Series",
publisher = "The Department of Management Science",
type = "WorkingPaper",
institution = "The Department of Management Science",

}

RIS

TY - UNPB

T1 - Railway Revenue Management: Overview and Models

AU - Armstrong, A

AU - Meissner, J

PY - 2010

Y1 - 2010

N2 - The railway industry offers similar revenue management opportunities to those found in the airline industry. The railway industry caters for the delivery and management of cargo as well as the transport of passengers. Unlike the airline industry, the railway industry has seen relatively little attention to revenue management problems. We provide an overview of the published literature for both passenger and freight rail revenue management. We include a summary of the some the available models and include some possible extensions. From the existing literature and talks with industry, it is clear that that there is room to exploit revenue management techniques in the railway industry, an industry that has revenues of $60 billion in the US and promises huge growth in Europe in the forthcoming years.

AB - The railway industry offers similar revenue management opportunities to those found in the airline industry. The railway industry caters for the delivery and management of cargo as well as the transport of passengers. Unlike the airline industry, the railway industry has seen relatively little attention to revenue management problems. We provide an overview of the published literature for both passenger and freight rail revenue management. We include a summary of the some the available models and include some possible extensions. From the existing literature and talks with industry, it is clear that that there is room to exploit revenue management techniques in the railway industry, an industry that has revenues of $60 billion in the US and promises huge growth in Europe in the forthcoming years.

KW - railway

KW - revenue management

KW - pricing

KW - passenger

KW - freight

KW - models

M3 - Working paper

T3 - Management Science Working Paper Series

BT - Railway Revenue Management: Overview and Models

PB - The Department of Management Science

CY - Lancaster University

ER -