← Every exhibit

Figure 2From “Revenue management versus dynamic pricing”

The revenue-management control record

Name the resource, horizon, state, control, outcome, and evidence boundary before choosing a heuristic.

Cite Embed

Figure 2The revenue-management control record

A four-column worksheet with five blank rows. The columns ask for resource and horizon, requests and state, control and authority, and outcome and test. The worksheet is a blank author framework, not observed company data.Resource and horizonWhat is scarce, and whendoes the allocationproblem end or change?Requests and stateWhich requests compete, andwhat is known about remainingcapacity, time, and demand?Control and authorityCan price, acceptance,allocation, or timing change?Who may change it?Outcome and testWhich outcome isprotected, and whatresult would disconfirmthe policy?Five rows are blank reader inputs. The worksheet separates source assumptions, local observations, and the decisionhypothesis before implementation.

Source: Author's worksheet grounded in the constrained-capacity and control distinctions in Maglaras and Meissner (2006). Blank fields are reader inputs; no performance result or implementation recommendation is supplied.

PNG4:3, 1600 × 1200, with the title, the source line and the attribution set in the image isoglu-2026-revenue-management-versus-dynamic-pricing-fig02.png

Source and evidence

Each line names a claim related to this exhibit, its source, and how it was checked.

  • A MM06-C1 The model, verbatim: "a firm that owns a fixed capacity of a resource that is consumed in the production or delivery of multiple products"maglaras-meissner-2006-dynamic-pricing-revenue-management
  • A MM06-C2 Two variants, not one: "We consider two well-studied variants of this problem." Price-setting under market power and capacity control at fixed prices are distinct variantsmaglaras-meissner-2006-dynamic-pricing-revenue-management
  • A MM06-C3 The reduction is the contribution: both problems reduce to a formulation "in which the firm controls the aggregate rate at which all products jointly consume resource capacity"maglaras-meissner-2006-dynamic-pricing-revenue-management
  • A MM06-C4 The three policies are the paper's own, and so is the limit on the strongest one: it proposes "a static pricing heuristic, (ii) a static pricing heuris"tic applied with a capacity allocation policy, and a resolving heuristic that reevaluates the fluid policy, of which "we show that “resolving” the fluid heuristic achieves asymptotically optimal performance" under fluid scaling, which is an asymptotic result and not a claim about any single marketmaglaras-meissner-2006-dynamic-pricing-revenue-management
  • A MM06-C5 The heuristics are fluid-scale asymptotically optimal only where potential demand and capacity grow proportionally largemaglaras-meissner-2006-dynamic-pricing-revenue-management
  • A MM06-C6 The numerical section compares policies on specified model instances, and its results do not establish a portable commercial effectmaglaras-meissner-2006-dynamic-pricing-revenue-management

Grades: A, verified against the printed page of the primary source · B, primary source, text layer only · C, authoritative secondary · D, reported.

Cite or embed

APA 7

Isoglu, S. (2026). The revenue-management control record [Figure]. isoglu.com. https://isoglu.com/insights/exhibits/isoglu-2026-revenue-management-versus-dynamic-pricing-fig02/

BibTeX
@misc{isoglu-2026-revenue-management-versus-dynamic-pricing-fig02,
  author = {Isoglu, Sinan},
  title = {{The revenue-management control record}},
  year = {2026},
  howpublished = {Figure 2, isoglu.com},
  url = {https://isoglu.com/insights/exhibits/isoglu-2026-revenue-management-versus-dynamic-pricing-fig02/},
  note = {From the essay {Revenue management versus dynamic pricing}}
}
Embed this exhibit

Copy this HTML to use the PNG exhibit on your site with its source line and a link back to the exhibit page.

<figure>
  <a href="https://isoglu.com/insights/exhibits/isoglu-2026-revenue-management-versus-dynamic-pricing-fig02/">
    <img src="https://isoglu.com/social/isoglu-2026-revenue-management-versus-dynamic-pricing-fig02.png" alt="Figure 2: The revenue-management control record" width="3200" height="2400">
  </a>
  <figcaption>Figure 2: The revenue-management control record. Source: Author&#39;s worksheet grounded in the constrained-capacity and control distinctions in Maglaras and Meissner (2006). Blank fields are reader inputs; no performance result or implementation recommendation is supplied. <a href="https://isoglu.com/insights/exhibits/isoglu-2026-revenue-management-versus-dynamic-pricing-fig02/">View exhibit</a>.</figcaption>
</figure>