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When I go to the supermarket, I get one price for bananas and my friend gets that same price. I don't pay 1 dollar while he pays 1.10. All the customers have th
by consteval 2y ago
When I go to the supermarket, I get one price for bananas and my friend gets that same price. I don't pay 1 dollar while he pays 1.10. All the customers have the same pricing. This is the key difference.
If every customer has a different price, like Uber does, that opens up pandora's box. Naturally customers will start wondering about patterns and what they can do to lower their price. They might speculate if people of race X are given a slightly higher price on average, or what other physical characteristics might play a role.
Your supermarket doesn't play that game.
- ls612 2y agoYou may pay $1.10 and your friend pays $1.10 but gets a 10¢ discount with a coupon. It’s the same thing economically.
- consteval 2y agoNot the same because coupons are public and equal opportunity. It's not like you get coupons for being white or being a man, but with Uber you could actually pay less for those things. Who knows?
- ls612 2y agoCoupons often come only in certain magazines or newspapers so unless you bought said newspaper you would not know of them.
- consteval 2y agoAgain, this is fundamentally different because the content of those coupons are not proprietary. I think we all recognize there's a difference between a dynamic price black box and a coupon.