BEGIN:VCALENDAR VERSION:2.0 PRODID:-//hacksw/handcal//NONSGML v1.0//EN CALSCALE:GREGORIAN BEGIN:VEVENT DTEND:20150518T223000Z UID:5fbc7bc8a5998 DTSTAMP:20201123T191936Z LOCATION:VPD LL101A DESCRIPTION:

In many markets\, new technologies allow traditional jobs to be divided into discrete tasks that are that are widely distributed across workers and dynamic priced in real time given prevailing supply and demand conditions. The most prominent example of this is the ridesharing company Uber\, which connects riders and drivers and prices the trip using a system known as "Surge" \;pricing. \; Surge pricing has evolved to dynamically price rides on every city block in every major world city\, every minute of every day. In this talk\, Professor Chen will introduce the firm\, their current and evolving business model\, and discuss his work with Uber in designing the Surge pricing system. In addition to dynamic pricing\, Uber presents an interesting opportunity to answer questions at the intersection of behavioral consumer choice\, revenue management\, and dynamic spatial resource allocation.

URL;VALUE=URI:https://cesr.usc.edu/seminars/uber_surge_system_real_time_dynamic_pricing_ridesharing_market-1425676522 SUMMARY:The Uber Surge System: Real Time Dynamic Pricing in the Ridesharing Market DTSTART:20150518T210000Z END:VEVENT END:VCALENDAR