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Showing 1 to 20 of 32 for “"revenue maximization"”.

  1. Mechanism design : from optimal transport theory to revenue maximization

    … auctions that maximize the auctioneer's expected revenue. While optimal selling of a single item has been well-understood since the pioneering work of Myerson in 1981, extending his work to multi-item settings has remained a challenge. In this work, we obtain such extensions providing a …

    mit Repository record for Mechanism design : from optimal transport theory to revenue maximization (opens in a new tab)

  2. Assessing the Impact of Climate Change on Tourism Demand

    … managers to develop future adaptation plans for revenue maximization.

    uiuc Repository record for Assessing the Impact of Climate Change on Tourism Demand (opens in a new tab)

  3. Four Essays on Auction Theory

    … this mechanism has perverse effects in terms of revenue maximization.

    uiuc Repository record for Four Essays on Auction Theory (opens in a new tab)

  4. Three Essays on Dynamic Pricing and Resource Allocation

    … We use techniques from supply chain and revenue management, scenario-based robust optimization and game theory to study the behavior of firms in different competitive and non-competitive settings. We develop dynamic programming models that account for pricing and resource allocation …

    columbia-diss Repository record for Three Essays on Dynamic Pricing and Resource Allocation (opens in a new tab)

  5. Modeling Customer Behavior for Revenue Management

    … aspects of customer decision making upon the revenue maximization problem of a monopolist firm. First, we study the revenue maximization problem of a monopolist firm selling a homogeneous good to a market of risk-averse, strategic customers. Using a discrete (but arbitrary) valuation …

    columbia-diss Repository record for Modeling Customer Behavior for Revenue Management (opens in a new tab)

  6. Revenue optimization for a hotel property with different market segments : demand prediction, price selection and capacity allocation

    … produces upper and lower bounds for the expected revenue maximization Dynamic Program (DP), and that the gap between the bounds depends on the probabilistic distribution of the demand. Thus, for high prediction accuracies, the optimal value of the DP can be closely approximated by the MILP …

    mit Repository record for Revenue optimization for a hotel property with different market segments : demand prediction, price selection and capacity allocation (opens in a new tab)

  7. Economic incentive for output restrictions in the cobalt market

    … supply restriction and associated conditions for revenue maximization and profitability in a dominant firm price leadership market is presented. The major focus of the economic framework presented is the magnitude of net demand elasticity faced by a producer considering supply restriction. …

    vt Repository record for Economic incentive for output restrictions in the cobalt market (opens in a new tab)

  8. Gender-differentiated constraints in Malian semi-subsistence production: implication for integrated pest management and food security

    … on the attainment of food security and net revenue maximization for farmers located in the Koulikoro region of rural Mali. A linear programming model is used to determine how gender-differentiated constraints, size of the household, and potential integrated pest management (IPM) technologies …

    vt Repository record for Gender-differentiated constraints in Malian semi-subsistence production: implication for integrated pest management and food security (opens in a new tab)

  9. The complexity of optimal mechanism design

    … work provides a computationally efficient revenue-optimal auction for selling one item to multiple bidders. Generalizing this work to selling multiple items at once has been a central question in economics and algorithmic game theory, but its complexity has remained poorly understood. We …

    mit Repository record for The complexity of optimal mechanism design (opens in a new tab)

  10. The structure of auctions : optimality and efficiency

    … of constructing auctions to maximize expected revenue is central to mechanism design and to algorithmic game theory. While the special case of selling a single item has been well understood since the work of Myerson, progress on the multi-item case has been sporadic over the past three decades. …

    mit Repository record for The structure of auctions : optimality and efficiency (opens in a new tab)

  11. Combinatorial Auction-Based Virtual Machine Provisioning And Allocation In Clouds

    … of allocation and also maximize the providers' revenue, which a fixed-price based mechanism is unable to do. We argue that combinatorial auctions are best suited for the problem of VM provisioning and allocation in clouds, since they provide the users with the most flexible way to express their …

    wayne-thes Repository record for Combinatorial Auction-Based Virtual Machine Provisioning And Allocation In Clouds (opens in a new tab)

  12. Dynamic pricing for airline ancillaries with customer context

    … each customer interaction and optimizes expected revenue per customer. The unique nature of personalized pricing provides the opportunity to search over the market space to find the optimal price-point of each ancillary for each customer, without violating customer privacy. In this study, we …

    uiuc Repository record for Dynamic pricing for airline ancillaries with customer context (opens in a new tab)

  13. Airline revenue management under alternative fare structures

    Airline revenue maximization consists of two main components: pricing and revenue management. Revenue management systems are used to control seat inventory given a forecasted demand to maximize revenues. Fare structures have been constructed by major network airlines to segment demand with multiple …

    mit Repository record for Airline revenue management under alternative fare structures (opens in a new tab)

  14. Two topics in online auctions

    … form expression for the auctioneers' expected revenue under pooling is found, and pooling is recommended where it produces a greater expected revenue than no pooling (i.e., our objective is revenue maximization). Pooling is generally found to be beneficial as long as the two auctions are not …

    mit Repository record for Two topics in online auctions (opens in a new tab)

  15. Ancillary services in the airline industry : passenger choice and revenue management optimization

    … interested in accounting for this supplementary revenue stream in their revenue management (RM) systems to maximize total, not just ticket, revenue. This thesis develops models for both of these issues, with a goal of providing a better understanding of how ancillary services affect the airline …

    mit Repository record for Ancillary services in the airline industry : passenger choice and revenue management optimization (opens in a new tab)

  16. Pricing Strategy And General Admission In Sport Industry: Feasibility To Apply Overbooking & Evaluating The Impact Of Energy Management System In The Statler Hotel

    … pricing strategy and increase their ticket revenue. As one of the important technologies in revenue management, overbooking can be a potential approach to help sport teams achieve the goal of revenue maximization. A sample consisting of 89 baseball teams, 45 basketball teams and 22 soccer …

    cornell Repository record for Pricing Strategy And General Admission In Sport Industry: Feasibility To Apply Overbooking & Evaluating The Impact Of Energy Management System In The Statler Hotel (opens in a new tab)

  17. Demand driven dispatch and revenue management

    … and interplay between demand driven dispatch and revenue management in a competitive airline network environment. Demand driven dispatch is the reassignment of aircraft to flights close to departure to improve operating profitability. Previous studies on demand driven dispatch have not …

    mit Repository record for Demand driven dispatch and revenue management (opens in a new tab)

  18. Data-driven algorithms for operational problems

    In this thesis, we propose algorithms for solving revenue maximization and inventory control problems in data-driven settings. First, we study the choice-based network revenue management problem. We propose the Approximate Column Generation heuristic (ACG) and Potential Based algorithm (PB) for …

    mit Repository record for Data-driven algorithms for operational problems (opens in a new tab)

  19. Real time toll optimization based on predicted traffic conditions

    … scheme, and presented with basic models for revenue maximization. Close-loop testing approach is proposed by replacing traffic system with a microscopic simulator, MITSIM. Tests are first conducted on a two-path synthetic network to demonstrate the capability of the framework with changing …

    mit Repository record for Real time toll optimization based on predicted traffic conditions (opens in a new tab)

  20. Essays in Consumer Choice Driven Assortment Planning

    … decision in balancing information collection and revenue maximization, when consumer preferences are initially unknown. By considering utility maximizing consumers, we establish fundamental limits on the performance of any assortment policy whose aim is to maximize long run revenues. In addition, …

    columbia-diss Repository record for Essays in Consumer Choice Driven Assortment Planning (opens in a new tab)

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