Latest / The Platform Economy with Fexingo: Marketplaces, Networks, and Multi-Sided Businesses
How Marketplaces Use Dynamic Pricing Algorithms
We break down the mechanics of dynamic pricing in digital marketplaces, using Uber and Airbnb as primary case studies. Lucas and Luna explore how algorithms adjust prices in real-time based on demand, supply constraints, and user behavior. We look at the specific data points that trigger price hikes, the consumer backlash against perceived unfairness, and the regulatory scrutiny facing platforms like Lyft and DoorDash. This episode examines whether algorithmic pricing creates efficiency or exploits information asymmetry, offering a clear view into the invisible hands that set your ride fare…
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