<nettime> Fun with algorithms: Uber introduces surge pricing during Sydney hostage siege

[David Mandl <dmandl@panix.com>]

http://mashable.com/2014/12/14/uber-sydney-surge-pricing/

An executive in the city's Central Business District (CBD) sent
Mashable screenshots of the Uber app that showed the company was
charging up to four-times the normal rate because "demand is off the
charts."

Uber CEO Travis Kalanick: "For each market, the state of emergency
price will be set after excluding the 3 highest-priced, non-emergency
days of the preceding 2 months," he said, adding that the policy
"intends to strike the careful balance between the goal of
transportation availability with community expectations of
affordability during disasters."

--
Dave Mandl
dmandl@panix.com
davem@wfmu.org
Web: http://dmandl.tumblr.com/
Twitter: @dmandl
Instagram: dmandl



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