Air ticket pricing model of multi-leg airline considering No-Show

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作者：
机构：
[1] Zhou, Qiang
[2] Liu, Chang-You
来源：
Liu, Chang-You | 1600年 / Science Press卷 / 14期
关键词：
Costs - Economics - Air transportation - Probability - Decision theory;
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摘要：
Air ticket pricing model of multi-leg airline is put forward, and it is analyzed in detail from the perspective of airline-passengers game, with No-Show considered. Based on the price-controlling market demand and the basic theories including game theory and probability theory, this model defines the multi-leg air ticket pricing decision. In addition, the changing price can control the ticket sales, so that the excessive sales can effectively overcome the impact of No-Show on earnings, and the freight space of different legs can be reasonably distributed. Moreover, case studies are conducted to verify the operability and practical value of this model. ©, 2014, Science Press. All right reserved.
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