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> Previously, no taxi driver would drive around in those areas - because of opportunity cost of higher fares in richer areas Well, if Uber is using dynamic pri
by objclxt 9y ago
> Previously, no taxi driver would drive around in those areas - because of opportunity cost of higher fares in richer areas
Well, if Uber is using dynamic pricing to ensure fares from richer areas are more expensive than those from poorer ones won't that have the exact same effect?
- erikpukinskis 9y agoNo, because Uber publishes all of the ride requests, regardless of fare. As long as there is one driver willing to go there, the ride gets fulfilled. If you are leaving drivers to their own devices to try to find hot spots, they have no way to know someone ten blocks over needs a cab right now from a poorer area.