4 ms·
Then why does the airline industry thrive (recent events not included) with rampant price discrimination?
by 0xy 6y ago
Then why does the airline industry thrive (recent events not included) with rampant price discrimination?
- aparsons 6y agoIn my experience, airline “price optimization” is wildly overblown a boogeyman tale. Airlines price classes of seats individually. If one is sold, the next user sees a different price. A rule based system is fairly common. They’re not using RL or dynamic pricing algorithms. In fact, I’d wager most don’t have the technical expertise or even data (with the rise of meta-search) to do so.