Re:Uber drivers say rideshare surge pricing backfired on New...
by yuliyp on Friday January 02, 2015 @05:06PM
(#8828834)
It's a feature that optimizes for short term profit at the expense of the long term: memory of last year served to reduce demand this year, and memory of this year will serve to reduce supply in the future. Part of me wonders if they didn't tweak the surge multipliers in a misguided effort to appease drivers' expectations.
[ Parent
| on HN ]
Re:Uber drivers say rideshare surge pricing backfired on New...
by didddler on Friday January 02, 2015 @05:58PM
(#8829054)
It appears that they tweaked surge to appease drivers, here's a conversation between an Uber driver and Uber's head of global operations.
It's all speculative because how they implement surge is opaque.