What Am I Bid?

I love bumps from flights if I don't have to be somewhere in a hurry. It used to be that a gate agent would keep upping the ante until they had sufficient volunteers. Since the airlines have been taking seats out of service, though, to boost load factors, they have apparently abandoned the practice and simply offer $500 - if there are not enough takers, they begin randomly bumping
passengers. This usually doesn't sit well with the involuntary bumpees. Why not go back to the old practice? Milton Friedman and the author of this article think it's a great idea. Me too - I hate flying Aeroflot and that's what too many of the carriers have become.

http://online.wsj.com/article/SB10001424052748703303904575293011757655060.html?mod=WSJ_Opinion_LEADTop