By Matt Kelly The so-called “sharing economy” has revolutionized the way people travel, lodge, eat, and work through companies such as Uber, Lyft, Airbnb, and OpenTable. Buyers and sellers are increasingly transacting on online platforms that use a mix of demand pricing, reputation mechanisms, and computer algorithms to match users. This innovation represents a dramatic challenge … Continue reading Regulators Adapt to the Sharing Economy
New Study Sheds Light on Ridesharing’s Labor Market
By Matt Kelly Few economic issues have been more talked about this year than the disruptive forays into the taxi market by ridesharing technology companies like Uber and Lyft. It seems reasonable to assume ridesharing drivers are of the same ilk as traditional taxi drivers, yet little academic research has been done...until now. A recent … Continue reading New Study Sheds Light on Ridesharing’s Labor Market
FSU Students Learn about Emerging Sharing Economy
By Katie Dawson Last month, the DeVoe L. Moore Center had the opportunity to co-sponsor a one-day conference with the Foundation for Economic Education (FEE) at Florida State University. FEE is an organization dedicated to educating individuals on free-markets and economics in a way that is both easily digestible and interesting. On February 28, their … Continue reading FSU Students Learn about Emerging Sharing Economy
New Study Tests the Merits of Surge Pricing
By Matt Kelly As Uber, Lyft and other “ridesharing” services continue to revolutionize the urban transportation landscape, more complaints are surfacing questioning the efficiency and fairness of the innovative services they provide. One of the more recent is “surge pricing,” the idea that services provided during peak periods carry a higher charge or fee. A … Continue reading New Study Tests the Merits of Surge Pricing