The Economics of Airline Class
12,195,587 views
Why it's on BrighterTube
Hand-picked by a BrighterTube curator · found via HackerTube (Karpathy's dataset of videos Hacker News recommends · 90% confidenceShows with seat maps and revenue figures how a few premium seats can carry a flight's profit: price discrimination in action. Well researched and a standard HN reference (6 recommenders).
What you'll learn
How airlines price and allocate premium cabins, and why a small number of business-class seats subsidise the whole aircraft.
Video by Wendover Productions, played through YouTube's embedded player.
Go deeper
- Principles of Economics, N. Gregory MankiwThe standard intro text
- Naked Economics, Charles WheelanEconomics without the jargon
As an Amazon Associate, BrighterTube earns from qualifying purchases. Picked by hand for this subject; nobody paid to be listed.