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Basic Concepts Requester 1T2T3 Goal: platforms set prices to Trip distance d,(km)1.3.7 1 maximize the total revenue! i Platform I $3/km 2(6) (5 r4(15 3,5 $2/km 3s53) 012345678XPlatform 1 2 3 4 5 1 2 3 4 5 0 X Y 6 7 8 6 7 8 Basic Concepts 𝒓𝟏(𝟏,𝟓) 𝒓𝟐(𝟐,𝟔) 𝒓𝟑(𝟓,𝟓) 𝒘𝟏(𝟑,𝟓) 𝒘𝟐(𝟕,𝟓) 𝒘𝟑(𝟓,𝟑) 𝑟1 𝑟2 𝑟3 𝑤1 𝑤2 𝑤3 $3/km $2/km Goal: platforms set prices to maximize the total revenue! Requester 𝒓𝟏 𝒓𝟐 𝒓𝟑 Trip distance 𝒅𝒓 (km) 1.3 0.7 1
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