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I disagree. The average $15 fare becoming $16 will just absorb a lot of consumer surplus that Uber is leaving on the table for competitive advantage. Cabs are s
by encoderer 9y ago
I disagree. The average $15 fare becoming $16 will just absorb a lot of consumer surplus that Uber is leaving on the table for competitive advantage. Cabs are still generally more expensive.
- hn_throwaway_99 9y agoAnd you don't see Lyft as seeing an opportunity to sell for $15?
- encoderer 9y agoActually I think the bigger threat would be lyft charging $16 and paying the drivers more. But outside of a few big American cities Uber dwarfs lyft so they would need to scale up before they could really threaten