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Alternative risk-averse approaches for airline network revenue management
Date
2019-05-01
Author
Terciyanli, Erman
Avşar, Zeynep Müge
Metadata
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Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
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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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BibTeX
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.