A new study from researchers in the University of Oxford’s Department of Computer Science has found that Uber’s use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing Uber’s share of revenue.
Uber’s use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing Uber’s share of revenue.
I needed to take a ride from the airport to my home, and uber quoted me $150 for a 30 min ride. I jumped into a waiting taxi and paid $90 instead. At least the cab driver would see a good chunk of that money.