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GDS: The Turbulent Years (2012–Present)
This chapter examines the turbulent years for intermediaries—global distribution systems (GDSs), travel management companies (TMCs), and online...
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Optimal allocation of demand response considering transmission system congestion
The increasing penetration of renewable energy sources in the electricity grid brings new operational challenges. This brings up the need for...
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Future State
The last chapter of this book examines the future of product distribution. It specifically delves into the future of travel intermediaries. It...
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Pricing strategy of cab aggregators in India
Cab aggregators are making rapid waves across India and the world. Ola and Uber have seized the opportunity with both the hands through startup and...
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Subjective Trusts and Prospects: Some Practical Remarks on Decision Making with Imperfect Information
The paper addresses decision making with imperfect information and suggests simple techniques for handling uncertainties in the framework of the...
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The Wisdom of Timely Crowds
In most forecasting contexts, each target event has a resolution time point at which the “ground truth” is revealed or determined. It is reasonable...
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Integrating Blockchain Technology to Populate Gig Workers into Human Capital Management of Indian Organizations
Industrial Revolution 4.0 has introduced highly useful technologies, which are yet to find their full-fledged utilization. One such technology is...
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Unlocking the connection between education, entrepreneurial mindset, and social values in entrepreneurial activity development
The Entrepreneurial University constitutes a phenomenon that highlights the prominent roles played by academic organizations as aggregators of...
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Ambiguities and nonmonotonicities under prosumer power
Prosumers adopt distributed energy resources (DER) to cover part of their own consumption and to sell surplus energy. Although individual prosumers...
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Case 30 Amazon
Amazon is the leading online retailer and one of the highest-grossing e-commerce aggregators positioning as the e-commerce leader. Retail-related...
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Flexible supply meets flexible demand: prosumer impact on strategic hydro operations
Ambitious climate packages promote the integration of variable renewable energy (VRE) and electrification of the economy. For the power sector, such...
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The Impact of Evolving Business Models on Global Distribution Systems
The commercial revenue model revolves around the flow of cash between the airlines (suppliers), global distribution system (GDS), travel management...
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What is the future of competitive revenue management in the travel industry?
Competitive Revenue Management has been practiced in the airline and hotel travel verticals for over two decades. Leveraging the selling fares and...
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A Fully Privacy-Preserving Solution for Anomaly Detection in IoT using Federated Learning and Homomorphic Encryption
Anomaly detection for the Internet of Things (IoT) is a very important topic in the context of cyber-security. Indeed, as the pervasiveness of this...
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Performance-Weighted Aggregation: Ferreting Out Wisdom Within the Crowd
The benefits of judgment aggregation are intuitive and well-documented. By combining the input of several judges, practitioners may enhance...
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On the Value of Orderly Charging in Improving Power Grid Resilience
The increase of Electric Vehicle (EVs) adoptions has achieved a double harvest of environmental and economic benefits and brings an extra burden on...
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An MIP-Based Heuristic Decomposition Approach for Distributed Energy Resource Scheduling
The decentralization of the power infrastructure poses new challenges for power plant operators and aggregators. A large number of power plants must...
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An Introduction to Travel Intermediaries
This book focuses on the role of intermediaries in the travel industry. Intermediaries play a critical role by facilitating transactions between...
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Innovation in Agriculture Financing Using Inter-Organizational Governance Flexibility: Case Study of an Agriculture Value Chain Financier in India
Historically, financial institutions in India have not sufficiently met the needs of small and marginal farmers due to the greater risks and higher...
