Arraut, IvanIvanArrautWilson RosadoVictor Leong2024-10-292024-10-292024-03-14https://dspace.usj.edu.mo/handle/123456789/584610.3390/math12060847<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>enRevenue Management in Airlines and External Factors Affecting Decisions: The Harmonic Oscillator Modeltext::journal::journal article