Why Overbooked Fliers Are Like the Google IPO

An airline’s overbooking solutions can be called a Dutch auction when fliers decide what their ticket is worth.

The Problem With Sand

If we have a sand shortage, Olympic beach volleyball, new homes and roads, fracking, water filtration, and so much more will be affected.

How the Power of the Market Makes Airline Passengers Happy

When airlines overbook flights, they just need to recognize the power of the market and pay passengers high enough prices (vouchers) for their seats.

Getting Bumped Off Your Flight

Instead of command and control, a reverse auction or a Coasian solution would provide better ways to manage overbooked flights and bumped passengers.