Expected Additive Time-Separable Utility Maximizing Capacity Control in Revenue Management
Christiane Barz ()
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Christiane Barz: University of Chicago
A chapter in Operations Research Proceedings 2007, 2008, pp 3-8 from Springer
Abstract:
Abstract We briefly discuss the static capacity control problem from the perspective of an expected utility maximizing decision-maker with an additive time-separable utility function. Differences to the expected revenue maximizing case are demonstrated by means of an example.
Keywords: Utility Function; Expected Utility; Protection Level; Revenue Management; Booking Class (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-540-77903-2_1
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DOI: 10.1007/978-3-540-77903-2_1
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