Computational Results and Evaluation
wo statistically sound choice models have been developed in Chapter 11. This chapter examines the overall predictive performance of these models in the first Section 12.1. Additionally, specific elasticities and substitutional patterns are inferred in Section 12.2, and finally Section 12.3 draws targeted conclusions on the usage of the reported results in actual airfare pricing.
KeywordsDynamic Price Choice Probability Early Departure Purchase Probability Customer Choice
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