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Published in 2019 at "Transportation Research Part E: Logistics and Transportation Review"
DOI: 10.1016/j.tre.2019.02.003
Abstract: Abstract Some airlines now offer fare-lock options, which allow passengers to hold a ticket for some time with a small fee while finalizing their travel plans. In this paper, we model passenger behavior in the…
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Keywords:
fare lock;
lock option;
dynamic pricing;