Dynamic pricing strategies under a finite time horizon
Proceedings of the 3rd ACM conference on Electronic Commerce
Revenue Management and E-Commerce
Management Science
E-Business and Management Science: Mutual Impacts (Part 1 of 2)
Management Science
Travelocity Becomes a Travel Retailer
Interfaces
Beyond the Hype of Frictionless Markets: Evidence of Heterogeneity in Price Rigidity on the Internet
Journal of Management Information Systems
A comparison shopping optimization model based on suppliers' pricing contexts
Expert Systems with Applications: An International Journal
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Many e-commerce principles were pioneered in the airline industry. These include the first business-to-business electronic information exchange and industrywide electronic marketplace. This environment provided unprecedented opportunity for operations research (OR) modeling. By the mid-1980s airlines used customer shopping data to calibrate traveler-demand-and-choice models, analyzed multichannel product-distribution strategies with simulation, and practiced dynamic pricing through yield management. Airlines continue to derive billions of dollars annually from these and derivative models. The availability of reliable, low-cost communications via the Internet is providing new modeling challenges within the airline industry and is also providing similar opportunities in other industries.