Talluri, Kalyan; Ryzin, Garrett van - In: Management Science 44 (1998) 11-Part-1, pp. 1577-1593
Bid-prices are becoming an increasingly popular method for controlling the sale of inventory in revenue management applications. In this form of control, threshold---or "bid"---prices are set for the resources or units of inventory (seats on flight legs, hotel rooms on specific dates, etc.) and...
