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Choice Network Revenue Management Based on New Tractable Approximations
Author(s) -
Sumit Kunnumkal,
Kalyan Talluri
Publication year - 2019
Publication title -
transportation science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.965
H-Index - 115
eISSN - 1526-5447
pISSN - 0041-1655
DOI - 10.1287/trsc.2018.0867
Subject(s) - affine transformation , revenue management , mathematical optimization , linear programming , relaxation (psychology) , piecewise linear function , lagrangian relaxation , computer science , linear programming relaxation , multinomial logistic regression , bellman equation , revenue , stochastic programming , mathematics , economics , psychology , social psychology , geometry , accounting , machine learning , pure mathematics
The choice network revenue management model incorporates customer purchase behavior as probability of purchase as a function of the offered products and is appropriate for airline and hotel network...

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