Sunday, January 26, 2020

DEMAND PRICING IS A BITCH

by Bob Walsh

You are probably aware that there was a modest mass-shooting a few days ago outside a bar in Seattle. Seven people shot, one fatality. It seems that a LOT of people in the area suddenly wanted to get the fuck out of Dodge and hit their Uber and Lyft apps. The sudden increase in demand bumped a $17 dollar ride up to about $122.

That, boys and girls, is capitalism. Allegedly the companies are unsympathetic to accusations of gouging.

FURTHER INFORMATION

After due consideration, Uber and Lyft decided to reverse the "surge" (demand) charges for their customers fleeing the Seattle shooting. Due to the public safety issue and the fact that the cops redirected bus traffic away from the area it made it look like the ride hailing services were profiteering from a public safety event.

No comments:

Post a Comment