What are the main criticisms of surge pricing?
Surge pricing is often criticized for being unfair, especially during emergencies, as it can exploit consumers in need.
Can you give me examples of situations where surge pricing is particularly controversial?
Sure! Surge pricing is controversial during natural disasters, like hurricanes, when prices for rides or accommodations spike.
How do companies justify surge pricing?
Companies argue that surge pricing helps balance supply and demand, ensuring that services are available when needed most.
What are some alternatives to surge pricing?
Alternatives include fixed pricing, price caps during emergencies, or loyalty programs that reward frequent users.
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