Anomalous supply shortages from dynamic pricing in on-demand mobility
Dynamic pricing schemes are increasingly employed in on-demand mobility. Here the authors show that ride-hailing services across the globe exhibit anomalous price surges induced by collective action of drivers, uncovered from price time-series at 137 locations, and explain under which conditions the...
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Nature Portfolio
2020
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oai:doaj.org-article:3c04468c67204647b50ca3d03358e4712021-12-02T15:14:48ZAnomalous supply shortages from dynamic pricing in on-demand mobility10.1038/s41467-020-18370-32041-1723https://doaj.org/article/3c04468c67204647b50ca3d03358e4712020-09-01T00:00:00Zhttps://doi.org/10.1038/s41467-020-18370-3https://doaj.org/toc/2041-1723Dynamic pricing schemes are increasingly employed in on-demand mobility. Here the authors show that ride-hailing services across the globe exhibit anomalous price surges induced by collective action of drivers, uncovered from price time-series at 137 locations, and explain under which conditions they emerge.Malte SchröderDavid-Maximilian StorchPhilip MarszalMarc TimmeNature PortfolioarticleScienceQENNature Communications, Vol 11, Iss 1, Pp 1-8 (2020) |
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Science Q Malte Schröder David-Maximilian Storch Philip Marszal Marc Timme Anomalous supply shortages from dynamic pricing in on-demand mobility |
description |
Dynamic pricing schemes are increasingly employed in on-demand mobility. Here the authors show that ride-hailing services across the globe exhibit anomalous price surges induced by collective action of drivers, uncovered from price time-series at 137 locations, and explain under which conditions they emerge. |
format |
article |
author |
Malte Schröder David-Maximilian Storch Philip Marszal Marc Timme |
author_facet |
Malte Schröder David-Maximilian Storch Philip Marszal Marc Timme |
author_sort |
Malte Schröder |
title |
Anomalous supply shortages from dynamic pricing in on-demand mobility |
title_short |
Anomalous supply shortages from dynamic pricing in on-demand mobility |
title_full |
Anomalous supply shortages from dynamic pricing in on-demand mobility |
title_fullStr |
Anomalous supply shortages from dynamic pricing in on-demand mobility |
title_full_unstemmed |
Anomalous supply shortages from dynamic pricing in on-demand mobility |
title_sort |
anomalous supply shortages from dynamic pricing in on-demand mobility |
publisher |
Nature Portfolio |
publishDate |
2020 |
url |
https://doaj.org/article/3c04468c67204647b50ca3d03358e471 |
work_keys_str_mv |
AT malteschroder anomaloussupplyshortagesfromdynamicpricinginondemandmobility AT davidmaximilianstorch anomaloussupplyshortagesfromdynamicpricinginondemandmobility AT philipmarszal anomaloussupplyshortagesfromdynamicpricinginondemandmobility AT marctimme anomaloussupplyshortagesfromdynamicpricinginondemandmobility |
_version_ |
1718387562377117696 |