Dupuis, Nicolas, Ivaldi, Marc and Pouyet, Jérôme (2020) A Welfare Assessment of Revenue Management Systems. Review of Network Economics, vol. 19 (n° 1). pp. 1-41.

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Identification Number : 10.1515/rne-2020-0038


We study the welfare impact of revenue management, a practice which is widely spread in the transport industry, but whose impact on consumer surplus remains unclear. We develop a theoretical model of revenue management allowing for heterogeneity in product characteristics, capacity constraints, consumer preferences, and probabilities of arrival. We also introduce dynamic competition between revenue managers. We solve this model computationally and recover the optimal pricing strategies. We find that revenue management is generally welfare enhancing as it raises the number of sales.

Item Type: Article
Language: English
Date: March 2020
Refereed: Yes
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 15 Mar 2021 09:48
Last Modified: 10 Sep 2021 11:32
OAI Identifier: oai:tse-fr.eu:124633
URI: https://publications.ut-capitole.fr/id/eprint/41755
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