Re:Waymo: Google's self-driving car company
by erikpukinskis on Tuesday December 13, 2016 @09:00PM
(#13173196)
> Is there a sweet spot where you still experience significant cost reductions but the inconvenience is small enough
It's not that hard. For one thing, you don't need to increase the price much, you just need to increase it a little so that you push cost-over-everything riders out of the queue. There are enough of those that whatever capacity is left should be plenty.
And you are worried those riders who were pushed out of the queue will go back to car ownership, but they are by definition cost-over-everything people, so of course they won't do that. If they could afford to own a car they could afford peak pricing.
It's not that hard. For one thing, you don't need to increase the price much, you just need to increase it a little so that you push cost-over-everything riders out of the queue. There are enough of those that whatever capacity is left should be plenty.
And you are worried those riders who were pushed out of the queue will go back to car ownership, but they are by definition cost-over-everything people, so of course they won't do that. If they could afford to own a car they could afford peak pricing.