A reminder that if drivers become employees and so no longer can be on both Uber and Lyft, welfare will be lower with higher prices and higher wait times. See this paper. papers.ssrn.com/sol3/papers.cf In Australia, driver multihoming is baked in.
That is a tweet from Joshua Gans. Keep in mind Uber or Lyft could simply insist on “unihoming” as a condition of employment, as indeed George Mason will not let me take a part- or full-time job teaching at another university.