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The article implies that this is an active, coordinated effort; but I have to wonder if any of this is/could be an emergent phenomenon based on the existence of
by johnhenry 9y ago
The article implies that this is an active, coordinated effort; but I have to wonder if any of this is/could be an emergent phenomenon based on the existence of the surge pricing algorithm.
- dawnerd 9y agoI think some of the surge times are built in. At WDW it's on the dot when the parks close. There will be tons of drivers on the map too. Uber (and Lyft) know that a all the people they shuttled in for cheap in the morning will need a ride home and didn't plan an alternative.
- GlickWick 9y agoI suspect it's less hard-coded and more a case of the algorithm realizing that there's a huge influx of riders every day at X location at Y time, and just auto-surges until there are a number of days without said influx. It's important to build a surging algorithm this way, as otherwise you'll have an awkward period of low prices with high demand that ends up losing you money in the long run.
- asdffdsa321 9y agoI see it more as an economic thing: surge incentives drivers when demand outweighs supply -> drivers manipulate supply to increase price. Kind of fascinating