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Airline revenue management is the practice of controlling the booking requests such that the planes are filled with the … and vice versa. This offers an airline company the possibility to adjust the capacity configuration of the plane to the …
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the price dispersion in U.S airline industry. Monopoly seller uses a menu of refund contracts to sequentially screen … heterogeneous travelers who purchase the tickets before travel uncertainty is fully resolved. Airline finds it optimal to sell fully …
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