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Strategic customer behavior in revenue management systems

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F23%3A%230001045" target="_blank" >RIV/04274644:_____/23:#0001045 - isvavai.cz</a>

  • Alternative codes found

    RIV/61384399:31140/23:00059292

  • Result on the web

    <a href="https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285" target="_blank" >https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.31490/9788024846873" target="_blank" >10.31490/9788024846873</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Strategic customer behavior in revenue management systems

  • Original language description

    Revenue management is the art and science of predicting customer demand in real time and optimizing the price and availability of products according to demand. What is new in revenue management is not the demand management decisions themselves, but rather the way in which these decisions are made. The real innovation in revenue management lies in the way decisions and information systems are made. Revenue management systems collect information and make decisions based on it, using modelling of ongoing processes. A significant opportunity is in modelling approaches. Conventional modelling approaches assume that customers are passive and not involved in any decision-making processes. This simplification is often unrealistic for many practical problems. In response, there has been interest in incorporating strategic customer behavior in recent years. This paper presents network management models with consumer demand for multiple products and intertemporal substitutions. The models are based on linear programming approximations with Data Envelopment Analysis methods.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 15th International Conference on Strategic Management and its Support by Information Systems 2023

  • ISBN

    9788024846873

  • ISSN

    2570-5776

  • e-ISSN

  • Number of pages

    9

  • Pages from-to

    52-60

  • Publisher name

    VSB-Technical University of Ostrava

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    May 22, 2023

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article