On the use of buy up as a model of customer choice in revenue management

Keyphrases

• Revenue Management 100%
• Customer Preference 100%
• Booking Limits 100%
• Revenue Managers 80%
• Parameter Estimation 60%
• Expected Profit 40%
• Misspecified 40%
• Parametric Model 20%
• Actual Behaviour 20%
• Fixed Probability 20%
• Misspecified Model 20%
• Making Decisions 20%

Mathematics

• Parameter Estimate 100%
• Revenue Management 100%
• Probability Theory 66%
• Objective Function 33%
• Misspecified Model 33%
• Parametric Model 33%
• Simple Model 33%

Economics, Econometrics and Finance

• Revenue Management 100%
• Expected Revenue 100%