Capacity Options for Revenue Management Theory and Applications in the Air Cargo Industry

Arguably the central problem in Operations Research and Management S- ence (OR/MS) addressed by e-business is better coordination of supply and demand, including price discovery and reduction of transaction costs of buyer-seller interactions. In capital-intensive industries like air cargo, the out-o...

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Bibliographic Details
Main Author: Hellermann, Rolf
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2006, 2006
Edition:1st ed. 2006
Series:Lecture Notes in Economics and Mathematical Systems
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Capacity Agreements in the Air Cargo Industry
  • Literature Review on Supply Contracting and Revenue Management
  • Capacity-Option Pricing Model
  • Model Results and Comparative Statics
  • Model Extensions: Distribution of Profits, Correlations, and Overbooking
  • Application Case Study in the Air Cargo Industry
  • Managerial Implications and Conclusion