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Uber versus Taxi: A Driver's Eye View

By Joshua D. Angrist, Sydnee Caldwell, and Jonathan V. Hall

òòò½Íø Journal: Applied Economics, July 2021

Rideshare drivers pay a proportion of their fares to a ride-hailing platform operator, a commission-based compensation model used by many service providers. To Uber drivers, this commission is known as the Uber fee. By contrast, traditional taxi drivers...

The Difficulty of Easy Projects

By Wioletta Dziuda, A. Arda Gitmez, and Mehdi Shadmehr

òòò½Íø Review: Insights, September 2021

We consider binary private contributions to public good projects that succeed when the number of contributors exceeds a threshold. We show that for standard distributions of contribution costs, valuable threshold public good projects are more likely to su...

The Risk-Adjusted Carbon Price

By Ton S. van den Bremer and Frederick van der Ploeg

òòò½Íø Review, September 2021

The social cost of carbon is the expected present value of damages from emitting one ton of carbon today. We use perturbation theory to derive an approximate tractable expression for this cost adjusted for climatic and economic risk. We allow for differen...