Re:Uber’s Algorithmic Monopoly
by dsugarman on Friday April 11, 2014 @11:42AM
(#7573545)
It is a feature that they set the price, because like a store with a ton of inventory, it is complicated to sort through all your options if every cab sets it's own price. It makes complete sense that surge pricing occurs when there is a supply demand imbalance and it makes complete sense that it evens out the imbalance.
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