status: unfinishedAirplane tickets should be sold Dutch auction style
YVR to YYZ tomorrow with no bags looks like it's about $800.
Google Flights says prices are best 1-4 months in advance. Looking in the next four months, the best prices for the same flight options are about $90.
That's 89% cheaper.
That's fine for the airline, because they know that the more urgent a trip is, the more someone is willing to pay for it. They can still gamble a bit on how high to push things while still ending up with full plane. I guess it means that they prioritise charging a price they know they can get for an optimal flight. As the buyer, you are forced to plan ahead and if you did/could not, you have to scrutinise what you consider to be valuable.
A Dutch-style auction involves the seller picking a high price, higher than they'd ever expect to sell for, and then slowly lowering the selling price on a schedule until someone is willing to buy it. This is how flowers are sold by growers to distributers quickly and efficiently.
If flights were sold Dutch a
As the buyeræ
I am: Levi, a dude named ben living north of most Canadians
This is: my digital garden where everything is a working draft
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