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Researchers peer into the black box of airline pricing and find some surprises

https://phys.org/news/2023-10-peer-black-airline-pricing.html

Buy your ticket on a Tuesday. Search in your browser's incognito mode. Use a VPN to pretend you live in Suriname.

Researchers peer into the black box of airline pricing and find some surprises

5 comments

Sir_Kevin

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That's a lot of words just to say it's a stupidass clusterfuck.

atticus88th

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Its easier to just walk through security and pretend to be a TSA agent.

QuarterSwede

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Airlines are basically using the psychology of selling to get the most revenue they can. They have a lot more historical data and are willing to experiment with how humans buy tickets to extract the most $. A lot more industries are using this tactic than you realize.

Teppic

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My read of this is mostly that airlines don't engage in price fixing and collusion - or more specifically their algorithms are designed so they don't (directly) create this outcome.

surewhynotlem

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When there are industry standard approaches creating that algorithm, the collusion is absolutely there. It's just one step removed from being obvious.