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Higher prices encourage supplying more emergency supplies either through transporting them into the area or storing them in preparation for a disaster. Airlines
by haltingthoughts 9y ago
Higher prices encourage supplying more emergency supplies either through transporting them into the area or storing them in preparation for a disaster. Airlines are more likely to make heroic efforts to fly people out if they can charge more for it.
- phailhaus 9y agoOh that's great that companies can make a greater profit, but higher prices mean that more people that need the help can't afford it. I really don't empathize with corporations here.
- lemonycracket 9y agoAll the seats are full. Are you suggesting that seats should be price at free? The airline's use dynamic pricing algorithms based on supply/demand. Are you suggesting they have their IT team turn it off for a few days or weeks? Another function of dynamic pricing is to make sure that people have better chance of getting what they wanted. I would be pretry upset to find out all the airline seats were given away for free to all the homeless and left me with no option to buy a seat for any price. How do you propose airlines price their seating and change their algorithms? Any papers to cite that can show a good balance?