tag:blogger.com,1999:blog-7169279.post109883524310431430..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Airfares, Pay Less For MoreDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-1133810706544379682005-12-05T12:25:00.000-07:002005-12-05T12:25:00.000-07:00It''s quite impressive.It''s quite impressive.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1102721017210713672004-12-10T16:23:00.000-07:002004-12-10T16:23:00.000-07:00This is third degree price discrimination (Chapter...This is third degree price discrimination (Chapter 11). Divide your consumers into two groups - those that don't mind layovers, and those that don't. Charge them different prices to maximize profits.<br /><br />I can't say why flights to Moscow are so cheap. My guess is that it is weak demand, or else the Russians are subsidizing to keep the price low.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1099092014340301302004-10-29T17:20:00.000-06:002004-10-29T17:20:00.000-06:00Airlines really have their hands tied when it come...Airlines really have their hands tied when it comes to raising fares. For one, most are crippled with debt and terrorist worries not to mention enormous amounts of government regulatory standards. All of these things mean that they simply just want to fill seats and the best way to do so is to make airlines fares affordable for all people. How many times do you go to the airport and only see Erniehttps://www.blogger.com/profile/01727480926569919212noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1098846277522846762004-10-26T21:04:00.000-06:002004-10-26T21:04:00.000-06:00I know that when I am flying home for vacation I w...I know that when I am flying home for vacation I want as few stops as possible. This is the same for everyone. Direct flights are more convenient. That is why direct flights are usually more expensive. It will take you longer to get across the U.S. if you have 4 stops which in turn makes it less desirable. Because of this, Delta can charge more for direct flights. <br /><br />Some direct flights,Kristin and Scottiehttps://www.blogger.com/profile/08172244883828571374noreply@blogger.com