New York Passengers Engage In Game Theory, Take Airline For $1100 - View from the Wing - shared by Court

@CourtneyKnapp · Jan 3, 2023

Study economics, travel better 🧳 (n of 2)

New York Passengers Engage In Game Theory, Take Airline For $1100 - View from the Wing

Denied boarding compensation is a cooperation game. As long as everyone sticks together, the total compensation amount will be higher. But as the compensation offer goes up the incentive for a given passenger to defect gets greater and greater. TV writer Mike Drucker observed this in action, and watched passengers in New York stick together, as the airline's offer went up and up.

viewfromthewing.com