South Park — Uber and Handicar

The characters are complaining about Handicar, a service provided by Timmy and how it is stealing all of the transportation business. Mimsy, another driver, adds his two sense by talking about competition. He includes an economist’s take on incentives and how a certain producer can gain economic advantages in a competitive market. This is important to economics because it includes the topics of a competitive marketplace as well as the concepts of advantage in that marketplace.

Thank you for the clip and the summary Taylor Campbell.

 

Late Show: Uber CEO Discusses Surge Pricing

This is just a small clip of Stephen Colbert’s interview with Uber CEO, Travis Kalanick. This portion discusses surge pricing and how drivers respond to increases in demand.┬áThis clip also opens the door for discussions on efficiency vs equity.

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