Narrow search
Showing 1 - 2 of 2
Cover Image
On the tractability of the piecewise-linear approximation for general discrete-choice network revenue management
Kunnumkal, Sumit; Talluri, Kalyan - Department of Economics and Business, Universitat … - 2014
The choice network revenue management (RM) model incorporates customer purchase behavior as customers purchasing products with certain probabilities that are a function of the offered assortment of products, and is the appropriate model for airline and hotel network revenue management, dynamic...
Persistent link: https://www.econbiz.de/10010849604
Cover Image
A process approach to the utility for gambling
Menestrel, Marc Le - Department of Economics and Business, Universitat … - 2001
This paper argues that any specific utility or disutility for gambling must be excluded from expected utility because … such a theory is consequential while a pleasure or displeasure for gambling is a matter of process, not of consequences. A … (dis)utility for gambling is modeled as a process utility which monotonically combines with expected utility restricted to …
Persistent link: https://www.econbiz.de/10005772534