An agent for optimizing airline ticket purchasing

William Groves, Maria L Gini

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Scopus citations

Abstract

Buying airline tickets is an ubiquitous task in which it is difficult for humans to minimize cost due to insufficient information. Even with historical data available for inspection (a recent addition to some travel reservation websites), it is difficult to assess how purchase timing translates into changes in expected cost. To address this problem, we introduce an agent which is able to optimize purchase timing on behalf of customers. We provide results that demonstrate the method can perform much closer to the optimal purchase policy than existing decision theoretic approaches for this domain.

Original languageEnglish (US)
Title of host publication12th International Conference on Autonomous Agents and Multiagent Systems 2013, AAMAS 2013
PublisherInternational Foundation for Autonomous Agents and Multiagent Systems (IFAAMAS)
Pages1341-1342
Number of pages2
Volume2
StatePublished - Jan 1 2013
Event12th International Conference on Autonomous Agents and Multiagent Systems 2013, AAMAS 2013 - Saint Paul, MN, United States
Duration: May 6 2013May 10 2013

Other

Other12th International Conference on Autonomous Agents and Multiagent Systems 2013, AAMAS 2013
CountryUnited States
CitySaint Paul, MN
Period5/6/135/10/13

Keywords

  • Airline ticket prices
  • Feature selection
  • PLS regression

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