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Southwest has open seating, which is based on the time passengers check-in. Check-in starts 24 hours before the flight, those who check in first get to board first. Southwest also sells early bird check-in, which allows purchasers to be automatically checked-in 36 hours before the flight. Southwest has jumped upon the price discrimination game.
What other examples do you have of price discrimination as practiced by airlines?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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