Purpose: This study aims to explain briefly the history and the future of revenue and yield management, offering a graphical visual model to identify the main internal and external elements to be faced by revenue managers. Design/methodology/approach: Stemming from what happened in the past,...

What is the influence on reference price when the source of price information is anonymous versus social? This article investigates the formation of reference prices given an observed sequence of past prices in a service context. An experimental study suggests that, considering the same price...

This paper explores the link between accountability, corruption and efficiency in the context of a career concern model where politically connected local monopolies are in charge of the provision of a local public service. We find that both corruption and a low degree of accountability induce...

This paper explores the link between accountability, corruption and efficiency in the context of a career concern model where politically con- nected local monopolies are in charge of the provision of a local public service. We fi?nd that both corruption and a low degree of accountabil- ity...

The introduction of real time pricing in many wholesale market as well as the liberalisation process involving the retail market poses the attention over the measurement of demand response to time differentiated price signals. This paper shows an example of how to estimate elasticities of...

The introduction of real time pricing in many wholesale market as well as the liberalisation process involving the retail market poses the attention over the measurement of demand response to time differentiated price signals. This paper shows an example of how to estimate elasticities of...

In this paper an input distance function approach is used to evaluate efficiency and technological characteristics of Italian airport companies for the period 2000-2005. This approach is robust to deviations from neoclassical paradigm in terms of cost-minimizing behavior. Duality relationship...