Abstract:It is well known that two-sided markets are unfair in a number of ways. For example, female drivers on ride-hailing platforms earn less than their male colleagues per mile driven. Similar observations have been made for other minority subgroups in other two-sided markets. Here, we suggest a novel market-clearing mechanism for two-sided markets, which promotes equalization of the pay per hour worked across multiple subgroups, as well as within each subgroup. In the process, we introduce a novel notion of subgro… Show more
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