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May 20, 2016 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NZ1NAg_GVKQ/uber-knows-exactly-when-youll-pay-surge-pricing
Uber Knows Exactly When You'll Pay Surge Pricing
An anonymous reader writes: Uber has figured out exactly when you are more likely to pay double or triple the cost of your ride: when your phone battery is low. Uber's head of economic research, Keith Chen, recently told NPR on an episode of The Hidden Brain podcast that people are willing to accept up to 9.9 times surge pricing if their phones are about to go dead. Data about user batteries is collected because the app uses that information to know when to switch into low-power mode. The idea being: If you really need to get where you're going, you'll pay just about anything (or at least 9.9 times anything) to ensure you're getting a ride home and won't be stranded. A person with a more fully charged device has time to wait and see if the surge pricing goes down.The company insists that it won't use this information against you.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NZ1NAg_GVKQ/uber-knows-exactly-when-youll-pay-surge-pricing
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