Construct · 1 fields · 1 citations

spiral-down effect: a standalone construct

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spiral-downeffect1 CONSTRUCTSpiral-down effectCOOPER · OPERATIONS RESEARCH

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Operations research

the progressive erosion of revenue when a revenue management system ignores customer buy-down and learns ever lower demand for high fares.

In operations research, spiral-down effect refers to the progressive erosion of revenue when a revenue management system ignores customer buy-down and learns ever lower demand for high fares. This meaning comes from Cooper (2006) in Operations Research.[1]

Unit
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Measured by

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Nearby constructs

cooper1 fields · 2 citationsanchor · a standalone constructdemand4 fields · 4 citationsjingle · one word, four constructserosion4 fields · 9 citationsjingle · one word, four constructs

References

  1. Cooper, W. L., Homem-de-Mello, T., & Kleywegt, A. J. (2006). Models of the Spiral-Down Effect in Revenue Management. Operations Research, 54(5), 968-987. https://doi.org/10.1287/opre.1060.0304

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