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This research aims to propose a creative solution for managing airline overbooking through passenger price tenders.

An Almost Practical Solution to Airline Overbooking

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This research aims to propose a creative solution for managing airline overbooking through passenger price tenders.
Develop a framework for passengers to submit tenders indicating their minimum acceptable compensation for delays.
Analyze the potential impact of these tenders on airline operations and passenger satisfaction.
Discuss feasibility and implementation considerations for airlines.
Suggest that implementing passenger tenders could reduce conflicts related to overbooking.
Indicate a potential increase in passenger satisfaction by offering more personalized compensation options.
Highlight improved operational efficiency for airlines managing overbooked flights.

This approach suggests using price tenders by passengers to manage overbooking, indicating a new strategy.

A light-hearted suggestion for tenders by passengers stating the lowest amount each would accept as the price of delaying his journey.

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J.L. Simon (1968) studied this question.

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This approach suggests using price tenders by passengers to manage overbooking, indicating a new strategy.

A light-hearted suggestion for tenders by passengers stating the lowest amount each would accept as the price of delaying his journey.