Anomalous supply shortages from dynamic pricing in on-demand mobility

Dynamic pricing schemes are increasingly employed in on-demand mobility. Here the authors show that ride-hailing services across the globe exhibit anomalous price surges induced by collective action of drivers, uncovered from price time-series at 137 locations, and explain under which conditions the...

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Bibliographic Details
Main Authors: Malte Schröder, David-Maximilian Storch, Philip Marszal, Marc Timme
Format: Article
Language:English
Published: Nature Publishing Group 2020-09-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/s41467-020-18370-3