Dynamic Pricing in the Airline Industry

Topics:
Competitive Pricing,
Pricing and Margins,
Pricing Strategy
Tags:
Airline Pricing,
California Institute Of Technology,
Dynamic Pricing,
Industry,
Marketing,
Marketing Research,
Pricing,
Pricing Strategy
Source:
California Institute of Technology

FREE Registration is required

Overview: The complexity and opaqueness of airline pricing has grown over time. As a result, the "Yield management" systems employed by airlines for pricing have become one of the most arcane and complex information systems on the planet, and one with a very large economic component. Airline pricing represents a great challenge for modern economic analysis because it is so distant from the "Law of one price" level of analysis. This paper surveys the theoretical literature, which is mostly found in operations research journals, develops some new theory, assesses the holes in one's knowledge, and describes some results from a new database of airline prices.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 764KB | Date: Mar 2005 | Pages: 44

People who downloaded this item also downloaded

Case Study Southwest Airlines Flies High With Real-Time Flight Data
White Paper Airlines Can Attain High Performance Through Business Process Outsourcing
White Paper The Effect of the Internet on Pricing in the Airline Industry
White Paper Pricing Strategy and Execution: an Overlooked Way to Increase Revenues and Profits
White Paper An Overview of Pricing Models for Revenue Management

Top results from Competitive Pricing

White Paper How to Avoid Competing on Price
White Paper Managing Brands In The Realm Of Dynamic Pricing
White Paper How Buyers See Price
White Paper Game Theory Should Guide Pricing Strategy, But Be Sure To Pick The Right Playing Field
White Paper Responding To Penetration Pricing In Turbulent Markets

» View all Competitive Pricing listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).