An airline itinerary choice model that includes the option to delay the decision

Uzi Freund-Feinstein and Shlomo Bekhor

Transportation Research Part A: Policy and Practice, 2017, vol. 96, issue C, 64-78

Abstract: Choice situations with variable supply characteristics are found in many applications, including airline itinerary selection. This paper discusses the airline itinerary choice problem in dynamic supply settings. The paper develops a specially designed stated preference (SP) survey, which emulates an air travel website. The survey includes the option to delay the decision to choose an airline itinerary. The rich data set allows the estimation of discrete choice models of airline itinerary choice.

Keywords: Decision making; Dynamic settings; Choice modeling; Air transportation; Marketing (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)

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DOI: 10.1016/j.tra.2016.12.004

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