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Since Taxi rides are basically futures contracts for a car ride, why doesn't someone create an agnostic taxi-ride orderbook. Aside from the fact that taxi compa
by wcummings 12y ago
Since Taxi rides are basically futures contracts for a car ride, why doesn't someone create an agnostic taxi-ride orderbook. Aside from the fact that taxi companies desperately want to avoid market discovery of rates.
- seanflyon 12y agoIf you were to ask Uber they would tell you that that is what they did.
- wcummings 12y agoYeah, but it isn't, really. Correct me if I'm wrong, but I don't think they've claimed it is a "real" market, just that pricing programmatically adjusts to demand. Can Uber drivers set their rates, to undercut other Uber drivers?