Quantifying Efficiency in Ridesharing Marketplaces
by Alex Chin and Tony Qin The health of Lyft’s marketplace depends on how riders and drivers are distributed across space and time. Within the complex rideshare space, it is not easy to define typical marketplace concepts like “market efficiency” and “supply-demand balance”. A simple question such as “Do we…
Quantifying Efficiency in Ridesharing Marketplaces by Alex Chin and Tony Qin The health of Lyft’s marketplace depends on how riders and drivers are distributed across space and time. Within the complex rideshare space, it is not easy to define typical marketplace concepts like “market efficiency” and “supply-demand balance”. A simple question such as “Do we… data-science
Quantifying Efficiency Ridesharing Marketplaces Alex Chin Tony Qin health Lyft’s marketplace depends rider driver distributed across space time Within complex rideshare space easy define typical marketplace concept like “market efficiency” “supplydemand balance” simple question “Do we… datascience