Semi-Markov information model for revenue management and dynamic pricing

DOI10.1007/s00291-005-0026-zzbMath1144.90421OpenAlexW2086702508MaRDI QIDQ858615

Darius Walczak, Shelby Brumelle

Publication date: 11 January 2007

Published in: OR Spectrum (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00291-005-0026-z

zbMATH Keywords

Dynamic programmingOptimal controlSemi-Markov processesDynamic pricingRevenue management

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Dynamic programming (90C39) Markov and semi-Markov decision processes (90C40)

Related Items (2)

Performance analysis for controlled semi-Markov systems with application to maintenance ⋮ On the single-leg airline revenue management problem in continuous time

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