Learning to Overbook Safely: Chance-Constrained Revenue Management with Selected Show-Up Feedback
Overbooking offsets no-shows, but learning attendance from accepted customers can expose service providers to unsafe decisions. We study finite-menu overbooking under selected show-up feedback and an episodewise overload chance constraint. The joint-pivotal safe Poisson-binomial upper confidence bound (JP-SPB-UCB) poli...