<story><title>Airlines using reverse auctions to determine true seat pricing</title><url>http://cheeptalk.wordpress.com/2011/01/05/be-very-afraid/</url></story><parent_chain></parent_chain><comment><author>jrockway</author><text>The author seems to be upset by this, but why?  If you don&apos;t want to sell your seat back to the airline, don&apos;t.&lt;p&gt;Personally, I can&apos;t get upset with a situation where I have 100% control.  Amazon&apos;s pricing experiments are similar; if I don&apos;t like Amazon&apos;s price + value add, I can just buy from one of their many competitors.  So no need to get mad at them for changing their prices randomly.  Similarly, I would probably be willing to give up my $50 seat for $2000, so I&apos;d type that number in.  If I got my $2000, great; I would walk over to the competitor&apos;s counter and pay the $500 walk-up fare.  If not, travel proceeds as planned.&lt;p&gt;What is there to be upset about?</text></comment>
<story><title>Airlines using reverse auctions to determine true seat pricing</title><url>http://cheeptalk.wordpress.com/2011/01/05/be-very-afraid/</url></story><parent_chain></parent_chain><comment><author>MichaelApproved</author><text>I wonder if this could be used as a part time business. You could buy several tickets on days when flights are usually overbooked months ahead of time. Good time to do this would be Thanksgiving, Christmas, Memorial Day, etc.&lt;p&gt;Then show up at the airport that day and sell each ticket for a premium above what you paid for.</text></comment>