One of the big economic question of the age is
Why do most airlines charge substantially more for a one-way ticket than a round-trip ticket on the same route?
At the
Austrian Economists blog
three possible answers have been put forward:
- It's price discrimination - one-way fliers might need specific times and flights in a way that makes their demand more inelastic.
- Some people might pay a premium for a one-way ticket in order to leave their return open-ended.
- It's a matter of not wanting an empty seat coming back the other way given the low probability of a "double coincidence of one-way tickets."
None of which seem totally convincing.
No comments:
Post a Comment