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An alternative possibility is that a rideshare company sees that Alice always takes the price that's offered so Alice receives the standard price, whereas Bob i
by griffinli 3mo ago
An alternative possibility is that a rideshare company sees that Alice always takes the price that's offered so Alice receives the standard price, whereas Bob is price-sensitive so he receives personalized discounts on rides until the prices reach the amount that he's willing to pay.
- jzebedee 3mo agoWhich is a competitive success story. It's much more profitable to avoid competition with abusive dynamic pricing and punish users for price-shopping.
- aianus 3mo agoThis is what most airlines and hotels do, the best prices go on google flights and google hotels and the worst prices are in their own apps.
- ndsovate 3mo agoThat's exactly right. This is a big market and this gives consumers another option to choose best priced rides. Think like you mentioned such as booking.com, sky scanner, Agoda, Expedia etc etc. Competition is good.