Citation
Scheduling competition in the airline industry and the issue of duplicate bookings. In proceedings of the 7th Multidisciplinary International Conference on Scheduling : Theory and Applications (MISTA 2015), 25 - 28 Aug 2015, Prague, Czech Republic, pages 55-62, 2015.
Paper
Abstract
In this study, we consider the relationship between a passenger’s behaviour and competition over ?ight schedules and prices between two airlines. In particular, by focusing on how an early option to purchase tickets a?ects duopoly competition in this industry, we consider duplicate bookings when passengers’ travel plans are uncertain. In our model, airlines can set their ticket prices twice: before and after passengers know their exact travel plans. We ?nd that in a subgame perfect equilibrium, ?ights operate on an e?cient schedule from a passenger perspective (i.e. a passenger’s expected loss of utility is minimized).
You can download the pdf of this publication from here
doi
This publication does not have a doi, so we cannot provide a link to the original source
What is a doi?: A doi (Document Object Identifier) is a unique identifier for sicientific papers (and occasionally other material). This provides direct access to the location where the original article is published using the URL http://dx.doi/org/xxxx (replacing xxx with the doi). See http://dx.doi.org/ for more information
URL
This pubication does not have a URL associated with it.
The URL is only provided if there is additional information that might be useful. For example, where the entry is a book chapter, the URL might link to the book itself.
Bibtex
@INPROCEEDINGS{2015-055-062-P, author = {R. Ishii and K. Nakagawa},
title = {Scheduling competition in the airline industry and the issue of duplicate bookings},
booktitle = {In proceedings of the 7th Multidisciplinary International Conference on Scheduling : Theory and Applications (MISTA 2015), 25 - 28 Aug 2015, Prague, Czech Republic},
year = {2015},
editor = {Z. Hanzalek and G. Kendall and B. McCollum and P. Sucha},
pages = {55--62},
note = {Paper},
abstract = { In this study, we consider the relationship between a passenger’s behaviour and competition over ?ight schedules and prices between two airlines. In particular, by focusing on how an early option to purchase tickets a?ects duopoly competition in this industry, we consider duplicate bookings when passengers’ travel plans are uncertain. In our model, airlines can set their ticket prices twice: before and after passengers know their exact travel plans. We ?nd that in a subgame perfect equilibrium, ?ights operate on an e?cient schedule from a passenger perspective (i.e. a passenger’s expected loss of utility is minimized).},
owner = {Graham},
timestamp = {2017.01.16},
webpdf = {2015-055-062-P.pdf} }