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I don't understand your point #1. Uber could still set a baseline price of X as a suggested price for this trip. Each driver gets a chance to offer Y that what
by snarf21 6y ago
I don't understand your point #1. Uber could still set a baseline price of X as a suggested price for this trip. Each driver gets a chance to offer Y that what they will accept for the trip (maybe it is way outside of downtown so they want a lot more to compensate driving back). All it does it slow down Uber giving you an instant price. It would be trivial to have an instant online auction mechanism in the app. You start it at $5 and it goes up $.17 until a driver says yes. This doesn't really change much of the experience in my mind. It seems like your main criticism is that this might make ride-share more expensive and less convenient for you. Do you think this is actually worse for the drivers?
- JamesSwift 6y agoYes, or Uber could eat the cost over the quoted price. They cant be "just the marketplace" as well as the one that sets the price unless they accept the risk that the actual price charged by the vendor is higher than the quote.
- wonderwonder 6y agoI am saying that if Uber does not set the price, what is to stop desperate drivers from setting their prices at 15% lower than the next driver, other drivers would be forced to do the same and then the rate per trip actually goes down, not up.
- 908B64B197 6y agoIf drivers are getting desperate, it's because there's an oversupply. What will stop drivers is simply that they won't be able to drive forever if they lose money on rides. That sets a minimal price.