Question

In: Economics

In the absence of app-based services, what roles do coordination failures play in causing failure in...

In the absence of app-based services, what roles do coordination failures play in causing failure in unregulated ride hailing services? How can ride-hailing apps mitigate such contracting problems?

Solutions

Expert Solution

I completely agree with the statement that ride healing services are totally based on apps and if there are coordination failures then there is no use of app. In the present scenario if we have to co-ordinate the apps without having an access to the internet and application based technology, then the best way to impart services to the customers can be done by providing a direct emergency button based on mobile network so that it can be easily accessible to the consumer and in case of any emergency they can contact to the nearby authorities.

We can mitigate such contracting problems because if there is no coordination then these apps create a severe impact and problems for the customers. Direct phone calls and messages through the network of the cell phone can also help in such a situation. If their is any coordination failures then a direct phone call to the respective authorities or a system of direct messaging can be a great escape plan.

Apps providing such services are totally based on data and software and runs on the basis of internet. A coordination failure can easily affect, or rather result in failure of the services. In this situation the only solution is to convert everything depending on internet to mobile networks. Direct calling, texting and emergency buttons are some of the solutions to this problem.


Related Solutions

Based on failures in the economy, how do we know if it is a market failure...
Based on failures in the economy, how do we know if it is a market failure or a government failure? How does a market failure or government failure impact someone like me, a college student?
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the...
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the quality of U.S. health care? How would the elimination of one aspect affect the other?
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the...
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the quality of U.S. health care? How would the elimination of one aspect affect the other?
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the...
Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the quality of U.S. health care? How would the elimination of one aspect affect the other? Respond to two other classmates and counter their answer
What are the ISS; CII.; NACD; the Business Roundtable? What roles do they play? Do they...
What are the ISS; CII.; NACD; the Business Roundtable? What roles do they play? Do they have formal (legal) authority or informal authority?
WHAT IS Coordination services: AND HOW DOES IT WORKS
WHAT IS Coordination services: AND HOW DOES IT WORKS
What roles do neurotransmitters play in one neuron communicating with another?
What roles do neurotransmitters play in one neuron communicating with another? Specifically what role does dopamine play in the functioning of the body?
What roles do changing technologies play in your daily activities?
What roles do changing technologies play in your daily activities?
What roles do product attributes and perceptions of attributes play in the positioning of a
What roles do product attributes and perceptions of attributes play in the positioning of a product? Can an attribute common to several competing brands contribute to a successful positioning strategy?
10. What is directional, stabilizing and disruptive selection and what roles do they play in adaptation and speciation?
10. What is directional, stabilizing and disruptive selection and what roles do they play in adaptation and speciation? 11. What is genetic drift? What role does it play in moving a population from one adaptive peak to a more fit adaptive peak?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT