Overbooking Models with Different Risk Preferences: A Numerical Study
We discuss overbooking problem in airline industry for utility-maximization. Optimization problems are formulated with consideration of risk-neutral, lose-aversion, and prospect theory preferences of managers. A numerical study follows and provides managerial insights.
Deng Gao Wei Geng Xiaobo Zhao
Department of Industrial Engineering, Tsinghua University, Beijing 100084, China Department of Industria Engineering, Tsinghua University, Beijing 100084, China
国际会议
青岛
英文
346-350
2010-07-15(万方平台首次上网日期,不代表论文的发表时间)