Showing 1 - 10 of 182
Persistent link: https://www.econbiz.de/10009660708
We examine the problem of estimating parameters for Generalized Extreme Value (GEV) models when one or more alternatives are censored in the sample data, i.e., all decision makers who choose these censored alternatives are excluded from the sample; however, information about the censored...
Persistent link: https://www.econbiz.de/10010730396
Persistent link: https://www.econbiz.de/10009562282
Persistent link: https://www.econbiz.de/10011602914
When firms evaluate their service system design choices, there is typically more uncertainty surrounding the value that a particular auxiliary service provides than there is on the cost of providing that service. To help inform this decision, we propose an approach where we compare the relative...
Persistent link: https://www.econbiz.de/10013000192
Persistent link: https://www.econbiz.de/10011786747
We investigate factors that influence airline customers’ purchases of premium coach seats using a database of online prices and seat map displays collected from JetBlue’s website. Results show that multiple factors influence purchasing behavior; these factors include the amount of the seat...
Persistent link: https://www.econbiz.de/10011208610
Airlines use itinerary choice models to allocate the total number of passengers in a city pair to specific itineraries. In a related paper, we estimated a multinomial logit (MNL) itinerary choice model using database of more than 3 million tickets for Continental U.S. markets provided by the...
Persistent link: https://www.econbiz.de/10013000488
Persistent link: https://www.econbiz.de/10011564377
Network planning models, which forecast the profitability of airline schedules, support many critical decisions, including equipment purchase decisions. Network planning models include an itinerary choice model which is used to allocate air total demand in a city pair to different itineraries....
Persistent link: https://www.econbiz.de/10013000495