Abstract
Revenue Management (RM) emerged as a specific discipline in the mid-1980s. However, despite the fact that it has been seen as a set of techniques to influence customer demand and exploit the consumer surplus, there has been a tendency for much of the research in the area to lack a consumer focus. What research there is tends to focus on three main areas, namely, the algorithm modelling of consumer behaviour, consumer trust and fairness and consumer-centric marketing. The purpose of this article therefore is to consolidate and synthesise existing consumer focused research in RM in these three key areas.
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McMahon-Beattie, U., McEntee, M., McKenna, R. et al. Revenue management, pricing and the consumer. J Revenue Pricing Manag 15, 299–305 (2016). https://doi.org/10.1057/rpm.2016.17
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DOI: https://doi.org/10.1057/rpm.2016.17