Revenue Management and Pricing

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Airline Pricing
Journal Papers

  • R.J. Lawhead and A. Gosavi. A Bounded Actor-Critic Reinforcement Learning Algorithm Applied to Airline Revenue Management. Engineering Applications of Artificial Intelligence, 82, 252-262, 2019.

  • Murray, C, Talukdar, T., and Gosavi, A. Joint Optimization of Product Price, Display Orientation and Shelf-Space Allocation in Retail Category Management, Journal of Retailing, 86 (2), pp 125–136, 2010.

  • K. Kulkarni, A. Gosavi, S. L. Murray and K. Grantham Semi-Markov Adaptive Critic Heuristics with Application to Airline Revenue Management, Journal of Control Theory and Applications (special issue on Approximate Dynamic Programming), 9(3): 421-430, 2011.

  • Abhijit Gosavi, Emrah Ozkaya, and Aykut Kahraman "Simulation Optimization for Revenue Management of Airlines With Cancellations and Overbooking." OR Spectrum: Special issue on revenue management, Vol 29, pp 21-38, 2007.

  • Abhijit Gosavi "A Reinforcement Learning Algorithm Based on Policy Iteration For Average Reward: Empirical Results with Yield Management and Convergence Analysis" (pdf file), Machine Learning , 55(1), pp 5-29, 2004.

  • Abhijit Gosavi, Naveen Bandla, and Tapas K. Das "A Reinforcement Learning Approach to Airline Seat Allocation for Multiple Fare Classes with Overbooking" IIE Transactions, 34, pp 729-742, 2002.