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I see nothing more consumer-hostile than the surge pricing algorithm uber uses.
by joking 10y ago
I see nothing more consumer-hostile than the surge pricing algorithm uber uses.
- jpatokal 10y agoWhich would you prefer if you really need to get somewhere fast: an expensive ride, or no ride? Because without surge pricing, all you get is no ride.
- pessimizer 10y agoThat is a rationalized calculus for wealthy people. The actual question is whether you would prefer to have the same small chance as everyone else to get a ride, or a guaranteed ride because you have more money than other people can pay. Your question supposes that congestion is caused by something other than more people than usual successfully getting a ride.
- Dylan16807 10y agoHigh surge prices should pay an oversized amount of wages and profits, in theory leading to lower prices at non-surge times, right? That's a benefit that I will happily give up a chance of a ride for. A 50% chance of a ride is worth much less than half as much as a guaranteed ride.