Gig platforms: efficient or unfair? Reading the Uber driver data
For owners and managers who use or plan to build a gig platform. Transaction-cost theory explains why platforms are cheaper to run; US data for 2015 to 2017 show drivers keeping about 47.5 cents of each dollar a rider paid, after fees and vehicle costs. Both can be true at once.
#transaction-costs#risk-shifting#platform-business-model#platform-cooperativism#gig-economy