Large-Scale Data-Driven Airline Market Influence Maximization

Duanshun Li, Jing Liu, Jinsung Jeon, Seoyoung Hong, Thai Le, Dongwon Lee, Noseong Park

Research output: Chapter in Book/Report/Conference proceedingConference contribution

7 Scopus citations

Abstract

We present a prediction-driven optimization framework to maximize the market influence in the US domestic air passenger transportation market by adjusting flight frequencies. At the lower level, our neural networks consider a wide variety of features, such as classical air carrier performance features and transportation network features, to predict the market influence. On top of the prediction models, we define a budget-constrained flight frequency optimization problem to maximize the market influence over 2,262 routes. This problem falls into the category of the non-linear optimization problem, which cannot be solved exactly by conventional methods. To this end, we present a novel adaptive gradient ascent (AGA) method. Our prediction models show two to eleven times better accuracy in terms of the median root-mean-square error (RMSE) over baselines. In addition, our AGA optimization method runs 690 times faster with a better optimization result (in one of our largest scale experiments) than a greedy algorithm.

Original languageEnglish (US)
Title of host publicationKDD 2021 - Proceedings of the 27th ACM SIGKDD Conference on Knowledge Discovery and Data Mining
PublisherAssociation for Computing Machinery
Pages914-924
Number of pages11
ISBN (Electronic)9781450383325
DOIs
StatePublished - Aug 14 2021
Event27th ACM SIGKDD Conference on Knowledge Discovery and Data Mining, KDD 2021 - Virtual, Online, Singapore
Duration: Aug 14 2021Aug 18 2021

Publication series

NameProceedings of the ACM SIGKDD International Conference on Knowledge Discovery and Data Mining

Conference

Conference27th ACM SIGKDD Conference on Knowledge Discovery and Data Mining, KDD 2021
Country/TerritorySingapore
CityVirtual, Online
Period8/14/218/18/21

All Science Journal Classification (ASJC) codes

  • Software
  • Information Systems

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