According to an estimate reported in Preston McAfee’s Competitive Solutions (I recommend this book for MBA classes in strategy), American Airlines changes some 500,000 prices a day. Even if this is too high by an order of magnitude it’s amazing.
by Alex Tabarrok on November 16, 2003 at 8:10 am in Economics | Permalink
According to an estimate reported in Preston McAfee’s Competitive Solutions (I recommend this book for MBA classes in strategy), American Airlines changes some 500,000 prices a day. Even if this is too high by an order of magnitude it’s amazing.
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