I think that dynamic pricing algorithms (used in aviation and ticketing industry) is very statistical based, anyone here has experience with those algorithms with references for it?
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This article is highly cited:
"Yield Management at American Airlines" by Barry C. Smith et al.
Links:
- JSTOR
- free PDF 1, broken at 06.09.12
- free PDF 2, broken at 02.01.18
- free PDF 3
malcubierre
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Neil McGuigan
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