Wangenheim, Florian v.; Bayón, Tomás - Technische Universität <München> / Fakultät für … - 2006
If you´ve ever been "bumped" from a flight - or had your seat downgraded from first class to coach - you have experienced revenue management, an approach whereby airlines (and other service firms) maximize revenue by systematically overbooking capacity, anticipating that customers will cancel...