What question did this study set out to answer?

The central aim is to propose a pricing scheme that adjusts flight reservation costs based on booking levels and timing.

February 28, 2026Journal of transport economics and policy

Airline Overbooking: Some Further Solutions

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The central aim is to propose a pricing scheme that adjusts flight reservation costs based on booking levels and timing.
Develop a model for varying reservation prices based on the proportion of seats booked.
Analyze the relationship between seat bookings and flight pricing over time.
Indicates that adjusting prices could optimize airline revenue.
Suggests potential reductions in overbooking issues.
Highlights the importance of real-time booking data in pricing strategy.

Implication

Proposed scheme adjusts flight reservation prices based on seat bookings over time, suggesting new solutions for airlines.

Abstract

A scheme is suggested whereby the price of a reservation on any flight would vary according to the proportion of seats booked in relation to the time before the flight.

Discussion

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Cite This Study

W. Vickrey (1972) studied this question.

synapsesocial.com/papers/69a286b80a974eb0d3c01ed3 https://doi.org/10.3828/jtep.1972.6.3.257

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Implication

Proposed scheme adjusts flight reservation prices based on seat bookings over time, suggesting new solutions for airlines.

Abstract

A scheme is suggested whereby the price of a reservation on any flight would vary according to the proportion of seats booked in relation to the time before the flight.

Airline Overbooking: Some Further Solutions

Key Points

Implication

Abstract

Discussion

Cite This Study

Airline Overbooking: Some Further Solutions

Key Points

Implication

Abstract

Discussion

Cite This Study

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