Alternative risk-averse approaches for airline network revenue management

Date

2019-05-01

Author

Terciyanli, Erman
Avşar, Zeynep Müge

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In this study, seat inventory control is considered for airline networks. Alternative optimization models are proposed for risk-averse decision makers by incorporating the following measure: lower-semideviation of revenue from a given threshold level or expected revenue. Performance of the proposed models is tested in a simulation model for a sample network under different scenarios by using a nesting heuristic and simulating arrival pattern of the airline demand.

Subject Keywords

Business and International Management, Transportation

URI

https://hdl.handle.net/11511/47755

Journal

TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW

DOI

https://doi.org/10.1016/j.tre.2019.02.002

Collections

Department of Industrial Engineering, Article

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Citation Formats

E. Terciyanli and Z. M. Avşar, “Alternative risk-averse approaches for airline network revenue management,” TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW, pp. 27–46, 2019, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/47755.