Journal of Revenue & Pricing Management

TABLE 4

FROM:

Incorporating competitive price information into revenue management

Dan Zhang and Royce Kallesen

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Table 4. Mean revenues with corresponding half-widths for 95 per cent confidence intervals over 500 simulation runs and percentage revenue differences from HDP/HDP revenues

  HDP/HDP HDP/EMSRb HDP/Matching HDP/MDP
High(22,833, 341)(22,924, 328)(22,717, 516)(22,296, 72)(22,878, 365)(22,515, 338)(22,082, 398)(23,009, 166)
Medium(19,274, 279)(18,997, 297)(19,227, 326)(18,740, 210)(19,069, 314)(18,909, 302)(18,780, 324)(19,458, 239)
Low(14,825, 271)(14,985, 269)(14,900, 268)(14,905, 273)(14,880, 276)(14,822, 261)(14,799, 271)(15,000, 271)
High-0.51%-2.74%0.20%-1.78%-3.29%0.37%
Medium-0.24%-1.35%-1.06%-0.46%-2.56%2.43%
Low0.51%-0.53%0.37%-1.09%-0.18%0.10%
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