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Teaching Economics

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Why Uber's surge pricing is good for you, according to Uber

Graham Watson

20th September 2015

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A fantastic piece here looking at the function of prices, in this case by considering Uber's 'surge pricing'. Although many see 'surge pricing' as unfair, a study funded by Uber and conducted at the ultra-free market University of Chicago appears to suggest that surge pricing is a good thing, surprisingly.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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