Explain the incentive pay model Uber uses and how it affects the principal-agent problem. Discuss any asymmetric information issues with Uber’s business model.
Construct an eight-page analysis of Uber using the following criteria. Analyze the market before Uber’s entry. Describe the inefficiency Uber exploited. Explain Uber’s surge pricing in the context of shifts in supply and demand. Evaluate Uber’s surge pricing in the context of price discrimination. Apply the concepts of economies of scale and economies of scope […]