13 sats \ 1 reply \ @south_korea_ln 28 Feb \ on: What do you think about dynamic/surge pricing? libertarian
Doesn't like Uber do this in the US? Doesn't it like almost become impossible do use during that time, even away from the special event that causes the surge, due to drivers playing the system? Not sure, just vaguely remembering something i read.
My answer is nuanced in the sense that the market is rarely truly efficient, and unintended side effects do occur. See for instance Airbnb as something that sounded good at first but now has become a cancer to many cities.
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0 sats \ 0 replies \ @tomlaies OP 28 Feb
almost become impossible do use during that time, even away from the special event that causes the surge, due to drivers playing the system?
I'm trying to debate this topic in its theoretical concept. It might be implemented in a flawed way. Wendys and Uber aren't really markets anyway - when there is only one seller and seller&marketplace being the same entity hasn't really the hygiene effect that the nyse has.
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