Digital platforms provide a variety of technology-enabled tools that enhance market transparency, such as real-time monitoring, ratings of buyers and sellers, and low-cost complaint channels. How do these innovations affect moral hazard and service quality?
We investigate this problem by comparing driver routing choices and efficiency on a large digital platform, Uber, with traditional taxis.
The results may surprise you.
Read more courtesy of PubsOnline.org
One good option is to rent a car.
Rail travel is an excellent option, too.
Click on the image above – Holiday Extras can make your life easier.