Loading Events

Upcoming Events

Events Search and Views Navigation

Event Views Navigation

April 2020

Noah Gans — Overbooking with Endogenous Demand

April 13 @ 3:30 pm - 4:30 pm
George B. Dantzig Auditorium – 1174 Etcheverry Hall, Etcheverry Hall
Berkeley, CA 94720 United States
+ Google Map

Authors: Rowena Gan, Noah Gans, Gerry Tsoukalas Abstract: Using airlines as a backdrop, we study optimal overbooking policies with endogenous customer demand, when customers internalize their expected cost of being bumped. We first consider the traditional setting in which compensation for bumped passengers is fixed and booking limits are the airline's only form of control. We provide sufficient conditions under which demand endogeneity leads to lower overbooking limits in this case. We then consider the broader problem of joint control…

Find out more »
+ Export Events