We step into the car of a taxi driver because we trust the brand, the yallow, or whatever it is. I've trouble giving a bad rating, even to a bad driver who's reckless. So it's a very interesting, a giant social experiment e sharing and and a these different kinds of apstthave an market interventions that have come along. It only really works if people give honest ratings, which they don't exactly.
Economist John List of the University of Chicago talks about his book, The Voltage Effect, with EconTalk host Russ Roberts. He discusses what determines scalability and argues that the only good ideas that count are those that scale. Along the way, he draws on his experiences as chief economist of Uber and Lyft to peer inside the black box of ride sharing.