Search Results - subject:"Static Models"

An Integrated Approach to Single-Leg Airline Revenue Management: The Role of Robust Optimization

Birbil, S.I.; Frenk, J.B.G.; Gromicho, J.A.S.; Zhang, S. - Erasmus Research Institute of Management (ERIM), ERIM … - 2006

. Free Keywords Airline Revenue Management, Single-Leg Problems, Static Models, Dynamic Models, Robust Optimization … management; single-leg problems; static models; dynamic models; robust optimization 1 Introduction Airline seat allocation … Grants CUHK4242/04E and CUHK418505. E-mail: zhang@se.cuhk.edu.hk 1 May 4, 2006 2. Static Models the objective is to maximize …

Persistent link: https://www.econbiz.de/10005288598

The Role of Robust Optimization in Single-Leg Airline Revenue Management

\c{S}. \.Ilker Birbil; Frenk, J. B. G.; Gromicho, … - In: Management Science 55 (2009) 1, pp. 148-163

In this paper, we introduce robust versions of the classical static and dynamic single-leg seat allocation models. These robust models take into account the inaccurate estimates of the underlying probability distributions. As observed by simulation experiments, it turns out that for these robust...

Persistent link: https://www.econbiz.de/10009208599

Stable dynamics in transportation systems.

NESTEROV, Yu; de PALMA, André - Center for Operations Research and Econometrics (CORE), … - 2000

We present a new class of transportation systems, the stable dynamics models, which provides a natural link between the static and dynamic trafic network models. They can be seen as steady states of dynamic networks (flows are constant in time). These models turn out to be very easy to study...

Persistent link: https://www.econbiz.de/10005008369