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by toomuchtodo 4451 days ago
I would say their pricing models are much more dynamic, but that's because they're just middle men and aren't responsible for the supply side (except providing incentives to increase supply, not actually providing capital, management, etc).
1 comments

Right but dynamic pricing is precisely why taxicabs are as regulated as they are. It costs you the same amount to get from the Airport downtown on a Friday night as it does Tuesday at midday. And you the tourist know how much it'll cost you when you get there, because the price is regulated.
> It costs you the same amount to get from the Airport downtown on a Friday night as it does Tuesday at midday.

Only in a world with unlimited supply. When demand peaks, you'll either have the price increased ("surge pricing") or people will have to go without when supply can't mean demand.