Effective price discrimination is a very tough goal to achieve. The airlines try their best to price discriminate as best as they can, to maximize their profits, but it's not always possible to sell all tickets in a flight at whatever price consumers are willing to pay. Everyone would wait till the very end then to book tickets.
Comments
Effective price discrimination is a very tough goal to achieve. The airlines try their best to price discriminate as best as they can, to maximize their profits, but it's not always possible to sell all tickets in a flight at whatever price consumers are willing to pay. Everyone would wait till the very end then to book tickets.