The Computer Did It

E. Andrew Boyd

Chapter Chapter 3 in The Future of Pricing, 2007, pp 23-41 from Palgrave Macmillan

Abstract: Abstract Scientific pricing wasn’t something airlines envisioned as commercial aviation took shape in the 1920s. Far from it. Eddie Rickenbacker, a celebrated World War I flying ace, raced cars before purchasing and running Eastern Airlines in 1938. Cyrus Rowland Smith, an early president of American Airlines, was known simply as “C. R.,” the hard drinking salesman from Texas. These certainly weren’t people you’d expect to scour universities looking for the world’s brightest pricing scientists.

Keywords: Inventory Level; Reservation System; Travel Agent; Revenue Management; Airline Industry (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60690-6_3

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DOI: 10.1057/9780230606906_3

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