
John List on Scale, Uber, and the Voltage Effect
EconTalk
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Surge Pricing and Tipping Dynamics in Rideshare
This chapter explores the intricacies of surge pricing in rideshare and the impact of social media on companies like Uber. It discusses the introduction of tipping features, their effects on driver wages, and how user behavior influenced tipping practices over time. The narrative addresses the challenges of balancing fair compensation for drivers with market efficiency, revealing the complexities of the gig economy.
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