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The paper provides a comprehensive review of the recent development of revenue management in different industries. We discuss research on different revenue management strategies including pricing, auctions, capacity control, overbooking and forecasting. Related issues such as economic concerns,...
Persistent link: https://www.econbiz.de/10005543620
The paper provides a comprehensive review of the recent development of revenue management in different industries. We discuss research on different revenue management strategies including pricing, auctions, capacity control, overbooking and forecasting. Related issues such as economic concerns,...
Persistent link: https://www.econbiz.de/10008539497
In this paper, we examine two-level and three-level supply chains for a midsize US newspaper in the Midwest that delivers to households and businesses in over 200 zip codes that span across various states. We formally define this problem as an integrated newspaper production and distribution...
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We show that, in markets with indivisibilties (typified by the Shapley-Scarf housing market), the strict core mechanism is categorically determined by three assumptions: individual rationality, Pareto optimality and strategy-proofness.
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