IEEE - Institute of Electrical and Electronics Engineers, Inc. - Air cargo overbooking model with stochastic capacity and penalty cost under CVaR framework

2009 IEEE International Conference on Grey Systems and Intelligent Services (GSIS 2009)

Author(s): Licai Lei ; Jing Zhou ; Hong Wang
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 November 2009
Conference Location: Nanjing, China, China
Conference Date: 10 November 2009
Page(s): 1,234 - 1,240
ISBN (CD): 978-1-4244-4916-3
ISBN (Paper): 978-1-4244-4914-9
DOI: 10.1109/GSIS.2009.5408101
Regular:

Overbooking has been studied intensively. However, those studies have paid little attention to the effect of penalty cost and degree of airlines' risk aversion on the decision-making. A cost model... View More

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