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betiko wrote:Well taxi drivers have to pay for super expensive licenses they need to pay all their life, the system is fooked. You can t just let something like uber happen before changing the taxi status.
Metsfanmax wrote:Uber drivers themselves don't set the price of the fare, Uber does.
Metsfanmax wrote:That's still not exactly competition. If you and the driver can't agree on the price you want, are you just going to get out of the car and hail another one? That sounds annoying as f*ck.
mrswdk wrote:Metsfanmax wrote:That's still not exactly competition. If you and the driver can't agree on the price you want, are you just going to get out of the car and hail another one? That sounds annoying as f*ck.
If you can't agree on a price then you won't even get in the car in the first place. You'll just walk off and find someone better.
However with Uber that's not an option, because you'll walk off and find someone else quoting the exact same price because the Marxists who run Uber have told them that's what they have to charge.
owenshooter wrote: if i'm assaulted in a yellow cab, i'm suing the f*ck out of yellow cab and it's employee...
WingCmdr Ginkapo wrote:Colonel Sanders is Trotsky is a beard.
Metsfanmax wrote:owenshooter wrote: if i'm assaulted in a yellow cab, i'm suing the f*ck out of yellow cab and it's employee...
Yes, because it's clearly the cab company's fault that you're an asshole.
owenshooter wrote:WingCmdr Ginkapo wrote:Colonel Sanders is Trotsky is a beard.
um... that is Norm MacDonald, not Trotsky...-Jésus noir
owenshooter wrote:Metsfanmax wrote:owenshooter wrote: if i'm assaulted in a yellow cab, i'm suing the f*ck out of yellow cab and it's employee...
Yes, because it's clearly the cab company's fault that you're an asshole.
nope, because they license the drivers and are accountable for their actions... my being an asshole has nothing to do with it... i'm sure every single time you have been punched in the mouth (you have probably lost count by now), you went after the place of biz where it happened... wait... i guess playgrounds probably don't have "owners" that you can sue... oh well...-Jésus noir
owenshooter wrote:Metsfanmax wrote:owenshooter wrote: if i'm assaulted in a yellow cab, i'm suing the f*ck out of yellow cab and it's employee...
Yes, because it's clearly the cab company's fault that you're an asshole.
nope, because they license the drivers and are accountable for their actions... my being an asshole has nothing to do with it... i'm sure every single time you have been punched in the mouth (you have probably lost count by now), you went after the place of biz where it happened... wait... i guess playgrounds probably don't have "owners" that you can sue... oh well...-Jésus noir
Metsfanmax wrote:mrswdk wrote:Metsfanmax wrote:That's still not exactly competition. If you and the driver can't agree on the price you want, are you just going to get out of the car and hail another one? That sounds annoying as f*ck.
If you can't agree on a price then you won't even get in the car in the first place. You'll just walk off and find someone better.
However with Uber that's not an option, because you'll walk off and find someone else quoting the exact same price because the Marxists who run Uber have told them that's what they have to charge.
I fail to see the argument here. If I walk into a Target and don't like the price of their items, I can't even negotiate. I can go to another Target location and the same item will be the same price. My only option is to go to Wal-Mart or Amazon and see if it's cheaper there. Does that mean Target is not market-based?
mrswdk wrote:'sides, my complaint is that the whole rationale for Uber's existence is that it lets more drivers get in on the taxi game, and this brings prices down. Whereas the reality is that as soon as things get busy Uber just enforces surge pricing and makes itself more expensive than normal cabs.
Metsfanmax wrote:mrswdk wrote:'sides, my complaint is that the whole rationale for Uber's existence is that it lets more drivers get in on the taxi game, and this brings prices down. Whereas the reality is that as soon as things get busy Uber just enforces surge pricing and makes itself more expensive than normal cabs.
This is a flawed perspective. When there aren't enough cabs, then people just aren't able to get where they need to go -- or it takes them a lot longer because they find some other method. This imposes costs on people -- it's just not as easily quantifiable. However, if we assume that people are rational actors, then whatever price they'd pay for an Uber -- even if more expensive than normal cabs at a given time -- is presumably less than the cost to them of not getting where they need to go on time. So it does increase total utility, which is the ultimate point of a market.
Metsfanmax wrote:owenshooter wrote:Metsfanmax wrote:owenshooter wrote: if i'm assaulted in a yellow cab, i'm suing the f*ck out of yellow cab and it's employee...
Yes, because it's clearly the cab company's fault that you're an asshole.
nope, because they license the drivers and are accountable for their actions... my being an asshole has nothing to do with it... i'm sure every single time you have been punched in the mouth (you have probably lost count by now), you went after the place of biz where it happened... wait... i guess playgrounds probably don't have "owners" that you can sue... oh well...-Jésus noir
That's what whiny crybabies do. Adults settle their business with the person they have a dispute with, they don't sue everyone in sight just because they can.
mrswdk wrote:'Using an Uber has greater utlity than walking home' may well be true but that's not the point. The price hikes decrease utility compared to the price before the hike, and the hike is imposed on drivers who may well not make hikes of their own volition.
To go back to my illegal cab example, the only time drivers start price gouging in Beijing is in the early hours of the morning near bars and clubs. And in those instances, you can just try a few different people and will eventually get one who will accept a reasonable price. By enforcing a price floor, Uber is preventing its drivers from doing that.
owen wrote:sooooo, cab companies carry insurance why?
you could probably help the airline industry too, because people seem to sue them when they are assaulted on planes
owenshooter wrote:sooooo, cab companies carry insurance why?
Metsfanmax wrote:mrswdk wrote:'Using an Uber has greater utlity than walking home' may well be true but that's not the point. The price hikes decrease utility compared to the price before the hike, and the hike is imposed on drivers who may well not make hikes of their own volition.
They don't just increase prices whenever they feel like it. They increase prices in times of high demand. When there's higher demand, it's harder to get a ride (it takes longer, if you can even get one). Your point only makes sense if you consider the utility only of the people who actually get the rides, which is an incomplete perspective. You need to consider everyone in the market. By increasing the price, the rides go to the people who are willing to pay more for the rides, and therefore presumably need them more. So the market is actually using the price to direct an efficient allocation of goods -- as it should. Therefore the price hikes actually increase total utility.
Consider a market for nails where the cost of each nail is 10 cents and the demand will decrease linearly from a high demand for free nails to zero demand for nails at $1.10. In a perfectly competitive market, producers would have to charge a price of 10 cents and every customer whose marginal benefit exceeds 10 cents would have a nail. However, if there is one producer who has a monopoly on the product, then they will charge whatever price will yield the greatest profit. For this market, the producer would charge 60 cents and thus exclude every customer who had less than 60 cents of marginal benefit. The deadweight loss is then the economic benefit foregone by these customers due to the monopoly pricing.
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