Frontiers in Service Science: Data-Driven Revenue Management: The Interplay of Data, Model, and Decisions
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
Revenue management (RM) is the application of analytical methodologies and tools that predict consumer behavior and optimize product availability and prices to maximize a firm’s revenue or profit. In the last decade, data has been playing an increasingly crucial role in business decision making. As firms rely more on collected or acquired data to make business decisions, it brings opportunities and challenges to the RM research community. In this review paper, we systematically categorize the related literature by how a study is “driven” by data and focus on studies that explore the interplay between two or three of the elements: data, model, and decisions, in which the data element must be present. Specifically, we cover five data-driven RM research areas, including inference (data to model), predict then optimize (data to model to decisions), online learning (data to model to decisions to new data in a loop), end-to-end decision making (data directly to decisions), and experimental design (decisions to data to model). Finally, we point out future research directions. Funding: The research of N. Chen is partly supported by Natural Sciences and Engineering Research Council of Canada Discovery [Grant RGPIN-2020-04038]. The research of M. Hu is in part supported by Natural Sciences and Engineering Research Council of Canada [Grant RGPIN-2021-04295].
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.004 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.001 | 0.010 |
| Science and technology studies | 0.001 | 0.001 |
| Scholarly communication | 0.000 | 0.006 |
| Open science | 0.007 | 0.011 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it