2min chapter

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#609 - Uri Gneezy - How To Understand Psychological Incentives

Modern Wisdom

CHAPTER

Uber's Underpaid Drivers

Uber drivers do not get paid more if the journey ends up being detoured. So they really have the incentive to get you from where they pick you up to the drop place as fast as possible. I actually think that they're underpaid, and it takes too long to get an Uber where I live. 15 minutes means that they are not paid enough. If they would have been paid more, I would prefer, I'm privileged, I have the money.

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