Economics Homework Help
Clayton State University Concepts of Game Theory to Ubers Market Essay
A Case Analysis of Uber
Uber is a ride-sharing service started in 2009. If you are not familiar with Uber, you can learn more about the services it provides at Uber.com.
Construct an eight-page analysis of Uber using the following criteria.
- Analyze the market before Uber’s entry. Describe the inefficiency Uber exploited.
- Explain Uber’s surge pricing in the context of shifts in supply and demand.
- Evaluate Uber’s surge pricing in the context of price discrimination.
- Apply the concepts of economies of scale and economies of scope to Uber’s business model.
- Apply the concepts of game theory to Uber’s market.
- Assess Uber’s potential for international expansion and potential trade policy issues.
- Explain the incentive pay model Uber uses and how it affects the principal-agent problem.
- Discuss any asymmetric information issues with Uber’s business model.