Tag Archives: Winner-Take-All Market

Lyft and Uber: A Tale of Two Cultures

Gentlemen, start your smartphone apps Today included a two-stop ride-sharing journey with a woman who drives for both Lyft and Uber. An observant amateur anthropologist, she clued me in to more on the differences between between these two competitors. First, … Continue reading

Posted in Culture Matters, Economics, Monopoly, Monopsony, Network Effect, Taxis, The Future, Winner-Take-All Market | Tagged , , , , , , | Leave a comment

Is The Ride-Sharing Business A Winner-Take-All Market?

Business up front… …party in the back From Wired: Uber vs. Lyft: The $500 Million Battle to Decide How You Ride Consider our old friend Ebay. They’re in the business of matching buyers and sellers in a virtual marketplace. If you’re a … Continue reading

Posted in Economics, Monopoly, Monopsony, Network Effect, Taxis, Technology, The Future, Winner-Take-All Market | Tagged , , , , , , , | Leave a comment

Is Facebook Membership Soon To Collapse?

Maybe we’ll see less of this From The Guardian: Facebook will lose 80% of users by 2017, say Princeton researchers First, there was the social networking site Friendster, which rocketed into our consciousness in 2002, peaked and then flamed out, living … Continue reading

Posted in Economics, Network Effect, Technology, The Future, Winner-Take-All Market | Tagged , , , , , , , | Leave a comment

Uh, Oh. Did Uber Artificially Restrict the Supply of Drivers on Valentine’s Day to Force Up Rates?

Uh, oh. From The Verge:  Uber kept new drivers off the road to encourage surge pricing and increase fares I keep hearing rumors about possibly nasty things Uber has done to claw their way to the top of what might … Continue reading

Posted in Barriers to Entry, Economics, Network Effect, Pricing, Taxis, Winner-Take-All Market, You're Not Helping | Tagged , , , , , , | Leave a comment

How I Would Improve Uber

 Enough with the time dilation While evangelizing about Uber today, I was asked how I might improve the service.  Here are some thoughts: 1.  It seems important to Uber for P.R. and customer retention purposes that you can always get … Continue reading

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How The 1% Get Paid

From the NYT:  N.Y.U. Gives Its Stars Loans for Summer Homes Question:  John Sexton, President of the non-profit New York University, for whom faculties of five of its schools voted “no confidence” this year, is compensated by which of the … Continue reading

Posted in Education, Labor, The One Percent, Winner-Take-All Market | Tagged , , , | Leave a comment

Highest-Paid Public Employees Per State

From Reddit:  What could possibly go wrong? (click image to expand) The “student-athletes” might not be paid, but their coaches certainly are If labor market price signals mean anything, then most states value the commercial interests of their state universities … Continue reading

Posted in Geography, Labor, Monopsony, Winner-Take-All Market | Tagged , , , , , , | 4 Comments