Come Fly Away
06/07/2011 | | Business Travel, Choice, econ70.com, Elasticity, Elliot's Brief Blog, Graphsandlaughs.net, Leisure Travel, Plane Tickets, Round-Trip Pricing
Ever wonder why airfare from Pittsburgh (Pitt) to Las Vegas (LV) is less than from LV to Pitt? If you fly from Pitt to LV you are going on vacation and you have lots of choices. But if you are going from LV to Pitt you likely have inflexible business or family reasons for travelling and are not “shopping” for a trip. With fewer alternatives the airline can charge you more money.