Why do airlines sell too many tickets? – Nina Klietsch

Education
View full lesson on ed.ted.com: http://ed.ted.com/lessons/why-do-airlines-sell-too-many-tickets-nina-klietsch

Have you ever sat in a doctor’s office for hours, despite having an appointment? Has a hotel turned down your reservation because it’s full? Have you been bumped off a flight that you paid for? These are all symptoms of overbooking, a practice where businesses sell or book more than their capacity. So why do they do it? Nina Klietsch explains the math behind this frustrating practice.

Lesson by Nina Klietsch, animation by Anton Trofimov.

Products You May Like

Articles You May Like

The myth of Pandora’s box – Iseult Gillespie
How to take a picture of a black hole | Katie Bouman
Where Two Oceans Meet, Debunked
Near to the Metal – Computerphile
What’s in Those Packets That Say ‘Do Not Eat’? (And Why Shouldn’t I Eat It?)

Leave a Reply

Your email address will not be published. Required fields are marked *