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> Surge pricing in Uber's case is not rent-seeking if surge-pricing actually increases supply (i.e. more drivers on the road). My gut says it doesn't ( don't th
by minot 12y ago
> Surge pricing in Uber's case is not rent-seeking if surge-pricing actually increases supply (i.e. more drivers on the road). My gut says it doesn't ( don't think that drivers get out on the road fast enough), but I don't have the data to prove that.
From what I understand, fear and hatred drive public policy more than objective data does. I doubt it is going to change any time soon.