Showing posts with label Surge Pricing. Show all posts
Showing posts with label Surge Pricing. Show all posts

Surge Pricing: Exploring Fairness in Profit-Seeking

Surge pricing, also known as dynamic pricing or demand pricing, has become a common practice in various industries, from ride-sharing and food delivery to event ticketing and hotel reservations. While surge pricing allows businesses to maximize profits during peak demand periods, it has also sparked debates about fairness and ethics. Is surge pricing a fair practice, or does it exploit consumers for profit-seeking purposes? Let's delve into this contentious issue and explore different perspectives on surge pricing.