There's a fixed number of taxi metallians new york. And at least with the uber you do have this possibility for, there's more of a possibility of increased supply. The one group i was talking to on a certain afternoon, was responsible for bringing in more drivers to the lift platform. So they said, with this new trunch of dollars, we're going to do it and spend our money on facebook ads. It's perfect sense, doesn't it? Ross data.
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.