We've all been there. You've got a weekend trip coming up, just far enough away that you would like to fly, but when you check the rates, the prices make your eyes pop. And then you see a much cheaper rate for a city on the other side of the country. What's going on? With NSF support, economist Andrew Sweeting at Duke University is researching markets for perishable goods, which includes tickets because they have to be used by a certain date. Sweeting wants to gain a broader understanding of the general economic forces at play in perishable goods markets.
This is an episode from Science Nation, NSF's online magazine that's all about science for the people.
Images and other media in the National Science Foundation Multimedia Gallery are available for use in print and electronic material by NSF employees, members of the media, university staff, teachers and the general public. All media in the gallery are intended for personal, educational and nonprofit/non-commercial use only.
Videos credited to the National Science Foundation, an agency of the U.S. Government, may be distributed freely. However, some materials within the videos may be copyrighted. If you would like to use portions of NSF-produced programs in another product, please contact the Video Team in the Office of Legislative and Public Affairs at the National Science Foundation.
Additional information about general usage can be found in Conditions.