Why are DoorDash and Uber prices so high? Why share a gold medal? The traveler's dilemma
Game Theory
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The Economics of the Gig Economy
This chapter examines the rising prices of gig economy services like Uber and DoorDash, particularly in the aftermath of COVID-19. It discusses the complexities of classifying gig workers and how these classifications impact consumer costs and service availability. Additionally, the conversation highlights the dynamic interplay of supply and demand, driver influences on pricing, and the strategic decisions made by both workers and consumers in this evolving landscape.
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