Many industries use revenue management to balance uncertain, stochastic demand and
inflexible capacity. Popular examples include airlines, hotels, car rentals, retailing, and …

We investigate a single-leg airline revenue management problem where an airline has
limited demand information and uncensored no-show information. To use such hybrid …

Many service industries use revenue management to balance demand and capacity. The
assumption of risk-neutrality lies at the heart of the classical approaches, which aim at …

Many industries use dynamic pricing on an operational level to maximize revenue from
selling a fixed capacity over a finite horizon. Classical risk-neutral approaches do not …

In this study, seat inventory control is considered for airline networks. Alternative
optimization models are proposed for risk-averse decision makers by incorporating the …

In practice, human-decision makers often feel uncomfortable with the risk-neutral revenue
management systems' output. Reasons include a low number of repetitions of similar events …

Africa has a high rate of revenue under-collection in public water utility companies. This rate
currently averages 20-50%, and the rate is 18% for Malawi alone. The purpose of this single …

本文从风险规避的角度研究航班舱位分配控制问题, 基于风险规避的舱位分配控制研究能更好地
说明未来收益的不确定性. 本文采用的风险度量方法是引入期望收益的风险规避系数 …

In this paper, from the perspective of a risk-aware retailer, static and dynamic single-leg
assortment planning problems are studied under multinomial logit model. The risk …

More and more companies in various industry sectors run automated revenue management
(RM) systems to control their sales processes. Customer requests are assumed to be …