The present chapter’s objective is threefold. First, it locates advanced pricing and revenue optimization schemes within the general pricing context in order to highlight their application areas and principal characteristics (Section 3.1). Second, it gives an overview of prevalent literature and optimization models within that context (Section 3.2). Third, it discusses the shortcomings and limitations of dynamic pricing models developed throughout the literature (Section 3.3) to finally highlight a suitable scope for the work at hand (Section 3.4).


Reservation Price Dynamic Price Price Sensitivity Revenue Management Literature Overview 
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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Steffen Christ

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