A 2019 Wall Street Journal column described the changes in how airlines have priced tickets over time:

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A 2019 Wall Street Journal column described the changes in how airlines have priced tickets over time: “Airline pricing executives would come to work Monday, tally up weekend sales and launch a sale with newspaper ads on Tuesday. Now pricing is largely a computer-controlled, 24/7 business.” Is the airlines’ adoption of computer analysis of big data likely to have resulted in fewer or more different ticket prices offered on a given flight? Briefly explain.

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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