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The reasoning here applies only to monopoly pricing, but airline transportation is sometimes a competitive situation. In that case, the reverse auction can imp
by WildUtah 16y ago
The reasoning here applies only to monopoly pricing, but airline transportation is sometimes a competitive situation. In that case, the reverse auction can impose some price discrimination but cannot erode the total consumer surplus.
Of course, I am a Delta hub prisoner so my flights are in fact priced as monopoly rents. What I wouldn't give for some competition.
- jemfinch 16y agoCVG?
- WildUtah 16y agoSLC, but good guess. I suppose ATL is often considered the worst.
- obiefernandez 16y agoAirtran provides a measure of competition in the Atlanta market, but I find that their fares are often near identical to Delta economy fares.
- jemfinch 16y ago> SLC, but good guess. Given your username (which I just noticed) it was a downright horrible guess :)