Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in price-setting strategies among the carriers competing on a particular route are documented.

High-throughput approaches are beginning to have an impact on many areas of yeast biology. Two recent studies, using different experimental platforms, provide insight into new pathways involved in the response of yeast to DNA damage. Published: 7 September 2006 Genome Biology 2006, 7:233 (doi:10.1186/gb-2006-7-9-233) The electronic version of this article is the complete one and can be found on...

BACKGROUND up till now, the risk of falls has been expressed as falls incidence (i.e. the number of falls or fallers per 100 person-years). However, the risk of an accident or injury is the probability of having an accident or injury per unit of exposure. The FARE (Falls risk by Exposure) is a measure for falls risk which incorporates physical activity as a measure of exposure. The objective of...

On 28 December 2014, the Beijing subway’s fare policy was changed from “Two Yuan” per trip to the era of Logging Ticket Price, charging users by travel mileage. This paper aims at investigating the effects of Beijing subway’s new fare policy on the riders’ attitude, travel pattern and demand. A survey analysis was conducted to identify the effects of the new fare policy for Beijing subway on ri...

In recent years, many traditional practitioners of revenue management such as airlines or hotels were confronted with aggressive low-cost competition. In order to stay competitive, these firms responded by reducing fare restrictions that were originally meant to fence off customer segments. In markets where traditional practitioners faced low-cost competition, unrestricted fares were introduced...

A well-studied problem in the literature on airline revenue (or yield) management is the optimal allocation of seat inventory among fare classes given a demand distribution for each class. In the literature thus far, passenger demand is an exogenous parameter. However, the seat allocation decisions of one airline affect the passenger demands for seats on other airlines. In this paper we examine...