Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash
Fernando Alvarez, University of Chicago and David Argenté, Penn State University
November 15, 2021
Worldwide, Uber accepts cash payments in more than 400 cities; however, some governments have restricted cash payments, eliminating the option for many riders. New research based on a number of experiments in Mexico, reveals that cash payments for Uber rides account for a consumer surplus of 50 percent
Cash, Diversity, and Inclusion: The Turing Note in the U.K.
Manuel A. Bautista-González
July 06, 2021
This LGBTQ+ Pride month, the Bank of England launched a new £50 note depicting Alan Turing, mathematician, cryptographer, and father of modern computing, unjustly treated for being gay.