Second paper: “The total consumer surplus lost by a ban on the use of cash as a fraction of the total expenditure of Uber paid in cash is a least 50%” https://www.nber.org/papers/w28133 pic.twitter.com/a6nJe4ddra
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Second paper: “The total consumer surplus lost by a ban on the use of cash as a fraction of the total expenditure of Uber paid in cash is a least 50%” https://www.nber.org/papers/w28133 pic.twitter.com/a6nJe4ddra
You happen to know the PM who built Cash @Uber by any chance? 
lol, let me check my network 
But seriously this is so cool to read an actual study on it. “It magnifies the impact of policies that restrict the availability of payment methods.”
Yeah, very cool to see this! Also love the usage of the Mexican census data to show how the effects were different across demographics
If only they did a study on how long it takes for drivers to give back change
Hehe, Uber has some pretty cool internal data on that
What’s the red line ?
Introduction of cash as a payment method
Very cool! Question: how come fare per active driver can be negative (and thus averaging to 0 before the cash intro)?
Zero is baseline and the y-axis shows percentage change
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