TY - BOOK AU - Christ,Steffen ED - SpringerLink (Online service) TI - Operationalizing Dynamic Pricing Models: Bayesian Demand Forecasting and Customer Choice Modeling for Low Cost Carriers SN - 9783834961846 AV - HD30.23 U1 - 658.40301 23 PY - 2011/// CY - Wiesbaden PB - Gabler KW - Economics KW - Economics/Management Science KW - Operations Research/Decision Theory N2 - Dynamic Pricing of services has become the norm for many young service industries – especially in today’s volatile markets. Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity. He proves that the development of the necessary forecasting models is indeed possible, i.e., through the usage of real-time data of online sales channels UR - http://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-8349-6184-6 ER -