1/ Proposition: surge pricing during emergencies is bad because generally hazardous conditions create more risk for those least able to pay.
9/ Once you've quantitatively bounded "emergency conditions", how do you design a market mechanism to deal with it?
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10/ First, you can expect supply to increase out of altruistisms, rather than just financial motives. So you can surge to a lower price
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11/ Second, you can tweak the dispatching system. Instead of a FIFO queue, explicitly create a moral luck game weighted by urgency of need
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@vgr surge insurance. -
@vgr if the city offers various emergency services for free, it should be able to contract with independent operators to provide them - 3 more replies
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@vgr I just want to get home from restaurant at 10pm on weekday night w/o 20 min uber wait, incl a cancellation and 4x “surge pricing”Thanks. Twitter will use this to make your timeline better. UndoUndo
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