We introduce a model considering the single-leg revenue management problem from the perspective of online algorithms and com- petitive analysis. In this model, the price and limitation of bookings are both decision variables. Assuming the process of the customers meets the low-before-high manner and the expected value of customer falls in a closed interval, we analyze the upper bound for deterministic online joint pricing and booking policy and propose one optimal policy for each case.
['Guanqun Ni', 'Yinfeng Xu']
Online Joint Pricing and Booking Policies in Airline Revenue Management