Explain the incentive pay model uber uses


Essay Assignment

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.

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Microeconomics: Explain the incentive pay model uber uses
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