What happens if we kill Swiggy, Zomato, Ola, and Uber?
Daybreak
00:00
How to Replace Surge Pricing With Auctions in a Supply Constrained Market
The number of riders who successfully find an auto on Namai Yatra right now is somewhere around 20%, which honestly is quite low. Praveen called up Sriyan Suddhaj and expert in transportation and auctions to find out what happens when you replace surge pricing with auctions in a market that has a supply problem. Starting up next, another example of an experiment in China that gives us a lot of insight into the auction method, whether it is a good idea or not. Stay tuned.
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Transcript
