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Assuming that Uber has a competitive advantage because of their brand, and both Uber and Lyft are rational actors who want to maximize their profits, they will
by ma2rten 7y ago
Assuming that Uber has a competitive advantage because of their brand, and both Uber and Lyft are rational actors who want to maximize their profits, they will end up in a state where Uber has higher margins than Lyft.
- cryptoz 7y ago> Assuming that Uber has a competitive advantage because of their brand Woah - I see Lyft as the one with the competitive advantage due to Uber's brand. Uber is toxic while Lyft is seen as friendly.
- deleted 7y ago[deleted]