This is amazing.

Ideally restaurants would just price using AMM curves.

This is amazing.

Ideally restaurants would just price using AMM curves.

https://twitter.com/MorePerfectUS/status/1762251031910728069

Problem is they are only exploring the surge and not the reduction of prices in slow times. I want half-priced square hamburger meat.

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere. Founder of EDISON and proprietor of fun. https://edison.wtf/


In equilibrium it will have that same effect.

From a PR perspective, of course they should have announced it as an off-peak discount and then when they need to raise prices blame it on inflation

(Notice how no one gets upset at stores for doing "clearance sales" seemingly at least 50% of the time)

In the uber case, I was told that uber did not do it that way because the demographic they felt the most need to market to was the *drivers*, to whom surge prices are of course an exciting opportunity rather than an unexpected cost.

Yeah this is fair; you want to know whether or not you'll be offered a deal you're okay with before you decide whether or not to head out the door.

If I were them I'd probably just do happy hour discounts.

It makes so much sense for Uber, especially because there often aren't many alternatives if you're stuck somewhere physically + Uber can preview price hike on your phone. Fast Food has countless competitors in theory, and you won't know price until you walk in? Pretty bad customer experience.