Ahan Analytics, LLC Thought Blog - Thoughts on making practical use of analytics
Sep
20

Uber Uses Economics 101 And A Natural Experiment to Justify Surge Pricing

written by Dr. Duru

I have several beefs with Uber and its ilk. One beef I do NOT share with some is the controversy over Uber’s surge pricing. Surge pricing sounds exotic, but the pricing process is relatively basic in operation and in principle. It comes from the economics of bringing supply and demand into balance when demand surges […]

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