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An airline has to decide whether to accept an incoming customer request for a seat in the airplane or to reject it in hope that another customer will request the seat later at a higher price. Capacity control, as one of the instruments of revenue management, gives a solution to this decision...
Persistent link: https://www.econbiz.de/10009275156
Computing optimal capacity allocations in network revenue management is computationally hard. The problem of computing exact Nash equilibria in non-zero-sum games is computationally hard, too. We present a fast heuristic that, in case it cannot converge to an exact Nash equilibrium, computes an...
Persistent link: https://www.econbiz.de/10010776945
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The population of an urban area may be in danger due to disasters like floods, hurricanes, chemical or nuclear accidents. This requires decisions to protect the affected population. One decision may be to evacuate the affected area. For the exceptional case of an evacuation an approach to...
Persistent link: https://www.econbiz.de/10010574133
Persistent link: https://www.econbiz.de/10005329867