Airline pricing and fare product differentiation: A new theoretical framework

Journal of the Operational Research Society

Volumn 50, Issue 11, 1999, Pages 1085-1097

  Botimer, T C ^a   Belobaba, P P ^b  

^a Continental Airlines Incorporated ^*  (United States)

^b MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

Airline pricing; Product differentiation; Revenue management; Yield management

Indexed keywords

AIR TRANSPORTATION; COSTS; INVENTORY CONTROL; MATHEMATICAL MODELS; RESOURCE ALLOCATION; STRATEGIC PLANNING; TRANSPORTATION CHARGES; VALUE ENGINEERING;

AIRLINE PRICING; PRODUCT DIFFERENTIATION; REVENUE MANAGEMENT; YIELD MANAGEMENT;

RISK MANAGEMENT;

EID: 0033360233     PISSN: 01605682     EISSN: 14769360     Source Type: Journal    
DOI: 10.1057/palgrave.jors.2600771     Document Type: Article

References (15)

1. Schmalensee R (1981). Output and welfare effects of third degree price discrimination. Amer Econ Rev 71: 242-247.
2. Borenstein S (1985). Price discrimination in free-entry markets. Rand J of Econ 16: 380-397.
3. Holmes TJ (1989). The effects of third-degree price discrimination in oligopoly. Amer Econ Rev 79: 244-250.
4. Salop SC (1979). Monopolistic competition with outside goods. Bell J of Econ 10: 141-156.
5. Borenstein S and Rose NL (1992). Competition and Price Dispersion in the U.S. Airline Industry, National Bureau of Economic Research Working Paper.
6. Kahn AE (1971). The Economics of Regulation: Principles and Institutions. MIT Press: Cambridge, Massachusetts.
7. Belobaba PP (1987). Air Travel Demand and Airline Seat Inventory Management. PhD Thesis, Massachusetts Institute of Technology.
8. Cross RG (1989). The passenger’s case for yield management. Presented to The Second International Airline Yield Management Conference. October, 1989, Washington, DC.
9. Weatherford LR (1991). Perishable-asset revenue management in general business situations. PhD Thesis, Darden Graduate School of Business Administration, University of Virginia.
10. Weatherford LR and Bodily SE (1992). A taxonomy and research overview of perishable-asset revenue management: yield management, overbooking and pricing. Opns Res 40: 831-844.
11. Pfeifer PE (1989). The airline discount fare allocation problem. DecisSci 20: 149-157.
12. Brumelle SI et al. (1990). Allocation of airline seats between stochastically dependent demands. Trans Sci 24: 183-192.
13. Morrison SR and Winston C (1995). U.S. Aviation After 20 Years of Deregulation. Brookings Institution: Washington, DC.
14. Oum TH, Gillen DW and Noble SE (1986). Demands for fareclasses and pricing in airline markets. Logist and Trans Rev 22: 195-222.
15. Spulber DF (1989). Regulation and Markets. MIT Press: Cambridge, Massachusetts.