It is important to differentiate between the act of purchasing and the act of consuming. Understanding this separation provides many implications and areas for future research. For example, the separation creates buyer uncertainty about the utility from consumption. Consider buying a ticket for a concert in advance. Here, buyers maybe uncertain about their future state (e.g., health, expected c...

In this paper, we present the 2006 survey study origin destination and price that we carried out during 2006 fall in the area in the Moroccan region of Rabat-Salé-Zemmour-Zaer. The survey concerns the people’s characteristics, their displacements behavior and the price that they will be able to pay for a tramway ticket. The main objective is to study a set of relative features to the households...

Motivated by the work of Segal and Segal in [16] on the Black-Scholes pricing formula in the quantum context, we study a quantum extension of the BlackScholes equation within the context of Hudson-Parthasarathy quantum stochastic calculus,. Our model includes stock markets described by quantum Brownian motion and Poisson process. 1. The Merton-Black-Scholes Option Pricing Model An option is a t...

This paper provides new evidence on the impact of market concentration on airlines’ nonlinear pricing strategies. Under a second-degree price discrimination setup, where firms compete via a collection of quality and price pairs, we derive testable implications about the effect of market structure on a firm’s relative price schedule. We then test these predictions using a unique dataset of airli...

The Council of Representatives discussed alternative ways to conduct football ticket nxchanges at their meeting Tuesday. The Ticket Office discontinued the basic program this year of allowing a designated number of students to exchange for a fee their student ticket for a general admission ticket. It cited abuses of the system, including scalping of tickets, as a reason to end the program. This...

In this paper, taking Hangzhou Metro Line 1 Wulin Square Station for example, we dynamically optimize the opening number of the entrance ticket windows at the station based on Anylogic pedestrian library, and study the impact of some parameters e.g. the pedestrian arrival rate and the opening number of the ticket windows in peak and off-peak periods, etc., on the average queuing number and util...

In the seat reservation problem, there are k stations, s1 through sk, and one train with n seats departing from the station s1 and arriving at the station sk. Each passenger orders a ticket from station si to station sj (1 ≤ i < j ≤ k) by specifying i and j. The task of an online algorithm is to assign one of n seats to each passenger online, i.e., without knowing future requests. The purpose o...

The Delay-constrained least-cost routing problem is to find the least cost path which satisfies a given delay constraint. There are two major difficulties to solve this problem. The first difficulty is the NP-Completeness of this routing problem. The second difficulty is that the networking information used for routing may be imprecise. The ticket-based routing (TBR) algorithm[1], aiming to fin...