Re:Level Skies – Price protection on airfare. If fares go up...
by ls_tm on Monday April 21, 2014 @04:40PM
(#7623662)
Yeah, that was a great article and we certainly are hedging our risk. One major difference in how we do things is we don't need to predict the future price of a particular flight, we need to predict the range of prices and the probability that prices will be in different parts of the range. It's a fundamentally different problem although has some surface level similarities.
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