Why do Mistake fares Occur and the Airline Fare types?

Why do Mistake fares Occur and the Airline Fare types?

What?

Mistakes can occur anywhere. I'm not sure what you're really asking.

Short answer: humans are involved
Long answer: People plug in the data days to weeks in advance. Fares are updated automatically based on several factors such as available seats or time to departure. An incorrect data input might only take effect once a certain threshold or set of conditions has been crossed. Mistske fares are very rare but they do happen. There's no way to predict when they will happen.
Most are just discovered by people checking fares or buying tickets. Mistake fares are usually only between a certain set of cities so its not gonna be a system wide thing. It would only benefit you if you were planning on going between two cities on a certain set of dates.
While most airlines do honor mistake fares, some airlines will cancel the tickets.

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