But the same supply-and-demand principle can work against ... And, of course, there’s the infamous Uber surge pricing. Though not new, surge pricing – or dynamic or variable pricing, as ...

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs. I have my own criticisms of Uber and how it’s run but one of them is certainly not ...

Uber knows where customers are waiting and where drivers are cruising, and it has to put them together fast. Tracking supply and demand allows them to implement "surge pricing," boosting fares at ...

When Uber Technologies Inc. jacked up prices in Sydney this week to meet the demand of people fleeing a hostage crisis, critics accused the ride-sharing service of price gouging. The company ...

Uber consistently strengthens these metrics by adding new users and collecting data on every trip, which allows them to continually improve dynamic pricing ... to supply demand matching algorithms ...

Surge pricing is easy to complain about. But it isn't really why people are angry with Uber. Most people understand that there needs to be a way to manage supply and demand. Uber also makes it ...

Use Uber on New ... questions about surge pricing. The company claims that it's necessary to boost fares on New Year's Eve to maximize the availability of cars during peak demand, and that rates ...

Surge pricing is Economics 101, mobile ride-hailing company Uber preaches. If you want supply to keep up with increasing demand, you need to incentivize drivers to get on the road and come pick ...

Check out our post from this past summer for a free app that will help you avoid Uber’s surge pricing when you need a ride during a busy time. Zach Epstein has been the Executive Editor at BGR ...

First, there is Uber. Perhaps the most well-known ... This model, known as "surge pricing," helps balance demand and supply, ensuring availability even during peak times. Next, there is Amazon.

It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...