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I wonder just how how much demand is connected to surge pricing during commute hours. Sure, it would make sense that there is more demand for rides during commu
by jtokoph 12y ago
I wonder just how how much demand is connected to surge pricing during commute hours. Sure, it would make sense that there is more demand for rides during commute hours, but is the surge pricing _only_ a function of supply/demand or is there more to it?
I would hypothesize that morning commuters taking Lyft or Uber would be willing to pay higher rates even if supply was sufficient. If I ran one of these companies I might try increasing fares even if there were tons of empty cars on the roads. Commuters need to get to work ASAP and will pay premiums to do it.