Dynamic pricing in the airline industry

作者: Vera te Velde , R. Preston McAfee

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摘要: Dynamic price discrimination adjusts prices based on the option value of future sales, which varies with time and units available. This paper surveys theoretical literature dynamic discrimination, confronts theories new data from airline pricing behavior. Correspondence to: R. Preston McAfee, 100 Baxter Hall, California Institute Technology, Pasadena, CA 91125, preston@mcafee.cc.

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