4 ms·

Because the expected value of using the platform is still greater despite the known risks?

• chippy 7y ago
  over $1000 lost is still greater value?
  • gmanley 7y ago
    Where are you getting $1000 from? He says 3 figure so it's in the hundreds, I'm assuming lower. Everyone has there point where they'd be fine burning the bridge. To me the ability to get a place quickly with an app from anywhere has a good amount of value, but I'd have trouble putting an exact price on it.
    • bufferoverflow 7y ago
      Read the article. He paid $1,221 plus for the new last-minute hotel. Got refunded $399.
  • ses1984 7y ago
    Expected value takes into account probability. You aren't going to lose $1000 every time you use air bnb. Probably.