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-   -   The mathematics of fare pricing (https://www.flyertalk.com/forum/travelbuzz/362450-mathematics-fare-pricing.html)

drtravix Oct 10, 2004 11:52 pm

The mathematics of fare pricing
 
Don't know if this has been posted (I did a quick search and didn't find anything):

http://www.maa.org/devlin/devlin_09_02.html

From the Mathematical Association of America, it's an article about the creators of ITA Software, and includes some interesting facts about pricing of fares.

detouring Oct 11, 2004 1:23 am

Very interesting. I enjoyed the article. Thanks!

Wheezer Oct 11, 2004 1:26 am

drtravix, thanks for the pointer. The complete SIAM News article is here (with a clearer presentation of the halting problem).

Kiwi Flyer Oct 11, 2004 1:24 pm

thanks although not sure I buy into the arguments

grouse Oct 11, 2004 2:47 pm


Originally Posted by Kiwi Flyer
thanks although not sure I buy into the arguments

I respectfully suggest that the good folks at ITA Software might know a little more about this this. ;)

Kiwi Flyer Oct 11, 2004 3:09 pm

I dare say you're right, and maybe its my simple mind but the way I see it with all the fare restrictions there are I dont see how the solutions can be so insolvable?

Gardyloo Oct 11, 2004 3:21 pm

Also see this article in the Seattle Post-Intelligencer about a startup company with an interesting wrinkle on the fare analysis biz.

drtravix Oct 11, 2004 3:21 pm


Originally Posted by Kiwi Flyer
I dare say you're right, and maybe its my simple mind but the way I see it with all the fare restrictions there are I dont see how the solutions can be so insolvable?

I suspect the biggest reason is that they assume you can have unlimited segments, which makes sense from a mathematical perspective.

I haven't read the full article, but I'm sure there is a report somewhere which contains the full details of the work by that researcher. If I run across it, I'll post a link.

KVS Oct 13, 2004 10:00 pm

Here's another method :):

http://www.SkyHighAirlines.com/chickencam.asp

Amanda Oct 14, 2004 6:47 pm

SkyHigh is awesome. Only 37.19 to Hendricks, MN! Not sure what is there, but I gotta go. :D


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