A study on the dynamic refund fee model of air tickets based on win-to-win mechanism

Purpose: To achieve the balancing of interests between airlines and passengers, the dynamic refund fee model is designed, which meets the interests of both airlines and passengers. Design/methodology/approach: In the study, the expectation utility function is constructed respectively for passengers...

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Bibliographic Details
Main Authors: Guihong Zhao, Junyi Deng
Format: Article
Language:English
Published: OmniaScience 2019-10-01
Series:Journal of Airline and Airport Management
Subjects:
Online Access:http://www.jairm.org/index.php/jairm/article/view/129