How does Uber's surge pricing work – and how ethical is it?
Thursday, December 18, 2014 - 10:00
in Mathematics & Economics
Popular cab-hailing service Uber seems as accident-prone as ever, attracting criticism for quadrupling its rate to a minimum of $100 during the Sydney siege hostage situation. Having been criticised in several countries for its unregulated operation and irresponsible business practices, now people are questioning the firm's ethics too.