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Knowing the economics behind it, I'm all for dynamic pricing even though it does feel like a ripoff to me personally. I'd be very interested, though, to know h
by adamjernst 15y ago
Knowing the economics behind it, I'm all for dynamic pricing even though it does feel like a ripoff to me personally.
I'd be very interested, though, to know how much of the increase (~6x normal according to a screenshot on their site) is passed along to the driver.
- whereareyou 15y agoUber takes the same cut as they normally do.
- baddox 15y agoThe same proportional cut, or the same constant cut? I'm unfamiliar with how their revenue sharing with drivers works. But, either way, I'm fine with this practice. The only possible controversy is how well they inform their customers that it will happen, and how clear it is on their app what the price will be. It would be bad for them to have a bunch of customers expect to easily get an Uber on New Year's Eve, then be disappointed by lack of availability or high prices. I wonder why Uber does this? Is it mainly an incentive for their drivers (to get as many on the road during a high-stress time)? Or is it because they would rather have customers see high prices than to see zero availability?