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arbitrary airline networks with upgrades being performed separately on each flight leg. We show that in this case, there are two … approaches regarding revenue performance and discuss airline revenue management settings in which they differ …
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Network Revenue Management can be formulated as a stochastic dynamic programming problem ("optimal" solution) whose exact solution is computationally intractable. Consequently, a number of heuristics have been proposed in the literature, the most popular of which are the deterministic linear...
Persistent link: https://www.econbiz.de/10014219534
basis of airline network evolution. The present paper provides a new contribution to the analysis of topological properties … of complex airline networks. Using Lufthansa's networks as an example, this paper aims to show the empirical relevance of … various network indicators - such as connectivity and concentration - for understanding changing patterns in airline network …
Persistent link: https://www.econbiz.de/10014178870
The global airline industry has witnessed the formation of multiple-partner alliances or "constellations" competing … airline constellations allows carriers to capture externalities from other firms in the form of direct or indirect traffic …
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This paper examines moral hazard in teams over time. Agents are collectively engaged in an uncertain project, and their individual efforts are unobserved. Free-riding leads not only to a reduction in effort, but also to procrastination. The collaboration dwindles over time, but never ceases as...
Persistent link: https://www.econbiz.de/10013160241
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