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1. www.ridester.com › how-does-curb-workHow Does Curb Work? A Beginner’s Guide For 2024 - Ridester.com

   www.ridester.com › how-does-curb-work

   Nov 18, 2023 · Even when there’s a higher demand for drivers, you won’t find a surge pricing on Curb. Extra Fees: When you book and pay for a ride through Curb, you’ll be charged based on the current rates of where you’re located, with an additional service fee of a flat 1.95 dollars.

2. economics.sas.upenn.edu › 2020-01 › JMP_CastilloWho Benefits from Surge Pricing? - University of Pennsylvania

   economics.sas.upenn.edu › 2020-01 › JMP_Castillo

   With surge pricing, on the other hand, the platform can set a low average price, and surge pricing automatically avoids the problem. I also analyze the distributional effects within riders and within drivers.

   • File Size: 3MB

   • Page Count: 83

3. www.uber.com › blog › researchThe Effects of Uber’s Surge Pricing: A Case Study

   www.uber.com › blog › research

   • Cached

   Sep 1, 2015 · Surge pricing draws more drivers into the area after the concert ends, and causes riders to sort into requesting a ride (or closing the app without requesting a ride) according to their willingness to pay relative to taking an alternative form of transportation.

4. economicsforlife.ca › wp-content › uploadsThe Effects of Uber’s Surge Pricing: A Case Study The Ef

   economicsforlife.ca › wp-content › uploads

   Had surge pricing not been in effect, total payments to driver­partners would have been 13% lower at $3,078. We note that this is a partial equilibrium calculation in that it doesn’t adjust for differences in pickups and dropoffs that might have occurred in the absence of surge.

   • File Size: 799KB

   • Page Count: 8

5. www.sciencedirect.com › science › articleThe impact of surge pricing on customer retention - ScienceDirect

   www.sciencedirect.com › science › article

   Nov 1, 2020 · This study explores how satisfied customers are when they face surge pricing as well as how customer satisfaction affects customer retention. This study uses fuzzy set/Qualitative Comparative Analysis to generate relations and then qualitative analysis with structural associations to propagate the values and refine these relations.

   • Author: Kun-Huang Huarng, Tiffany Hui-Kuang Yu

   • Publish Year: 2020

6. hbr.org › 2015 › 12Everyone Hates Uber’s Surge Pricing – Here’s How to Fix It

   hbr.org › 2015 › 12

   • Cached

   Dec 21, 2015 · The goal of surge pricing is to find the “equilibrium price” at which driver supply matches rider demand and riders’ wait time is minimized. Studies show that surge pricing achieves what it was...

7. People also ask

   Does curb have a surge pricing?

   • Even when there’s a higher demand for drivers, you won’t find a surge pricing on Curb. When you book and pay for a ride through Curb, you’ll be charged based on the current rates of where you’re located, with an additional service fee of a flat 1.95 dollars.

   How Does Curb Work? A Beginner’s Guide For 2024 - Ridester.com

   www.ridester.com/how-does-curb-work/

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   What is surge pricing & how does it work?

   • The goal of surge pricing is to find the “equilibrium price” at which driver supply matches rider demand and riders’ wait time is minimized. Studies show that surge pricing achieves what it was designed to do: it brings more drivers online, and it allocates available rides to those who value them more.

   Everyone Hates Uber’s Surge Pricing – Here’s How to Fix It

   hbr.org/2015/12/everyone-hates-ubers-surge-pricing-heres-how-to-fix-it

   See all results for this question

   How does surge pricing affect drivers?

   • Surge pricing largely avoids this by increasing prices, moving from a random allocation mechanism to a price mechanism. While allocative efficiency benefits riders, it has no effect on drivers: every driver’s valuation for a trip is the same—earnings from the trip minus the driving cost.

   Who Benefits from Surge Pricing? - University of Pennsylvania

   economics.sas.upenn.edu/system/files/2020-01/JMP_Castillo.pdf

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   Does moving away from surge pricing benefit riders and drivers?

   • Determining whether moving away from surge pricing actually benefits riders and drivers requires a firm understanding of the welfare effects of surge pricing. So far the evidence has been limited. In this paper I develop an empirical model of ride hailing to determine who are the winners and losers from surge pricing.

   Who Benefits from Surge Pricing? - University of Pennsylvania

   economics.sas.upenn.edu/system/files/2020-01/JMP_Castillo.pdf

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   How does surge pricing affect Uber riders?

   • It also takes into account the fact that surge pricing results in lower average prices, and, thus, it transfers welfare from drivers and Uber towards riders. Rider surplus increases with surge pricing, both because of efficiency gains and lower prices.

   Who Benefits from Surge Pricing? - University of Pennsylvania

   economics.sas.upenn.edu/system/files/2020-01/JMP_Castillo.pdf

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   How do we measure the welfare effects of surge pricing?

   • Using data from Uber in Houston, I develop an empirical model of spatial equilib-rium to measure the welfare effects of surge pricing. My model is composed of demand, supply, and a matching technology. It allows for temporal and spa-tial heterogeneity as well as randomness in supply and demand.

   Who Benefits from Surge Pricing? - University of Pennsylvania

   economics.sas.upenn.edu/system/files/2020-01/JMP_Castillo.pdf

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8. gargnikhil.com › files › papersDriver Surge Pricing - gargnikhil.com

   gargnikhil.com › files › papers

   Ride-hailing marketplaces like Uber and Lyft use dynamic pricing, often called surge, to balance the supply of available drivers with the demand for rides. We study driver-side payment mechanisms for such marketplaces, presenting the theoretical foundation that has informed the design of Uber's new additive driver surge mechanism.