theory: price discrimination, bundling, peak load pricing.... Example: airline pricing: off-season and peak season, business or travelling trips, the tickets to developed or developing regions, the day flight or morning flight, flying miles... individual or family tickets; students/Adults, booking in advance or not, holiday or non-holiday... air tickets only or a packages of tickets and hotel accommodation, direct flight or transfer flight....
Price discrimination occurrs in almost everything while taking the example given above the price discrimination is there in alot of cases- In airplane, off season have different price range and so does in season if the floor is to a developed region it will be costlier as compared to undeveloped region this is the case of Price discrimination. Secondly, bundling refers to when youtake alot of services together in the form of bundle so it gets cheaper as in the case above hotel accommodation , flight tickets etc together that will be bundling. And lastly, peak load pricing when the prices are extremely high due to the increased demand as here if there is a festive season the flight prices are tend to be higher.
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