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TRANSCI
2010
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13 years 3 months ago
Computing Time-Dependent Bid Prices in Network Revenue Management Problems
We propose a new method to compute bid prices in network revenue management problems. The novel aspect of our method is that it naturally provides dynamic bid prices that depend o...
Sumit Kunnumkal, Huseyin Topaloglu
INFORMS
2008
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13 years 4 months ago
A Stochastic Approximation Method to Compute Bid Prices in Network Revenue Management Problems
We present a stochastic approximation method to compute bid prices in network revenue management problems. The key idea is to visualize the total expected revenue as a function of...
Huseyin Topaloglu