Options
Revenue Management in Airlines and External Factors Affecting Decisions: The Harmonic Oscillator Model
Journal
Mathematics
ISSN
2227-7390
Date Issued
2024-03-14
Author(s)
DOI
10.3390/math12060847
Abstract
<jats:p>The Revenue Management (RM) problem in airlines for a fixed capacity, single resource and two classes has been solved before by using a standard formalism. In this paper we propose a model for RM by using the semi-classical approach of the Quantum Harmonic Oscillator. We then extend the model to include external factors affecting the people’s decisions, particularly those where collective decisions emerge.</jats:p>
File(s)
Loading...
Name
Waiting for Repository Version.jpg
Size
113.46 KB
Format
JPEG
Checksum
(MD5):45228bea27122db72e82ca06d42d0a3e