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Comment on When to Hold Out For a Lower Airfareparent

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I think the author was basing that statement on his previous assertion that:

If weighted equally, the prices paid, following Kayak’s algorithm, were 2 percent higher than the initial March 29 prices. Wearing my statistical hat, I’d call that a tie between the two strategies.

The author also claims that:

in user surveys that in addition to appealing to quantitative types, another group of regular users said Farecast gave them “peace of mind.”

So if the price difference is 2% (basically a wash either way), then waiting would be a superior strategy because it "might actually relieve some of the second-guessing that occurs when you’re left to your own devices," and that peace of mind may be worth more than 2% of the ticket cost.

...or at least, I think that's the author's point.

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