this post was submitted on 21 Oct 2023
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Researchers peer into the black box of airline pricing and find some surprises (phys.org)
submitted 2 years ago by throws_lemy@lemmy.nz to c/science@lemmy.world
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[–] QuarterSwede@lemmy.world 11 points 2 years ago

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.