Skip to main content

Switching Times from Season to Single Tickets

  • Conference paper
  • First Online:
Operations Research Proceedings 2010

Part of the book series: Operations Research Proceedings ((ORP))

Abstract

In this paper, we developed the basic problem with only one switch from selling bundles to selling single tickets to a new version where “early switch to the low-demand event” is also allowed. The resulting policy is defined by a set of threshold pairs of times and remaining inventory, which determine the timing of the optimal switches.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. M. Drake, S. Duran, P. Griffin, and J. Swann. Optimal timing of switches between product sales for sports and entertainment tickets. Naval Research Logistics, 55(1): 59–75, 2008.

    Article  Google Scholar 

  2. S. Duran and J. Swann. Dynamic switching times from season to single tickets in sports and entertainment, Working Paper, Georgia Institute of Technology, 2009.

    Google Scholar 

  3. Y. Feng and B. Xiao. Maximizing revenues of perishable assets with a risk factor. Operations Research, 47(2): 337–341, 1999.

    Article  Google Scholar 

  4. I. Karatzas and S.E. Shreve. Brownian Motion and Stochastic Calculus. Springer-Verlag, NY, 1988.

    Google Scholar 

  5. L.C.G.Rogers and D. Williams. Diffusions, Markov Processes and Martingales, Volume 2: Itô Calculus, John Wiley & Sons, NY, 1987.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Ertan Yakici .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2011 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Yakici, E., Duran, S. (2011). Switching Times from Season to Single Tickets. In: Hu, B., Morasch, K., Pickl, S., Siegle, M. (eds) Operations Research Proceedings 2010. Operations Research Proceedings. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-20009-0_22

Download citation

Publish with us

Policies and ethics