An Improved Dynamic Programming Decomposition Approach for Network Revenue Management

Article OPEN
Dan Zhang;
(2011)
  • Journal: Manufacturing & Service Operations Management,volume 13,issue 1 April,pages35-52
  • Related identifiers: doi: 10.1287/msom.1100.0302
  • Subject: network revenue management, choice behavior, multinomial logit choice model, dynamic programming

We consider a nonlinear nonseparable functional approximation to the value function of a dynamic programming formulation for the network revenue management (RM) problem with customer choice. We propose a simultaneous dynamic programming approach to solve the resulting p... View more
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