Discrete choice modelling in airline network management
讨论航空公司网络管理中航班时刻评估的离散选择建模问题，提出一种新的多项概率比模型，并用真实订票数据证明其优于现有方法。
Abstract The task of airline network management is to develop new flight schedule variants and evaluate them in terms of expected passenger demand and revenue. Given the industry's trend towards global cooperation, this is especially important when evaluating the potential synergies with alliance partners. From the econometric point of view, this task represents a discrete choice modelling problem in which one has to account for a large number of dependent alternatives. In this paper we discuss the applicability of recently proposed approaches and introduce a new multinomial probit specification designed for the airline network management task. The superior performance of the new model is demonstrated in a real‐world application using airline bookings data. Copyright © 2005 John Wiley & Sons, Ltd.