Episode 4 of 9 · Uber
Surge pricing: the control loop that clears a market in real time
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Surge pricing: the control loop that clears a market in real time. A fare is mostly fixed. A base amount, a rate per minute, a rate per kilometre, some fees. None of those can move while you are standing on the street. Exactly one term in that for
Based on the board Surge Pricing.
Covered in Uber - the case study.
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