no way. not in NYC. it's still super easy to hail a cab. the only reason i use uber is so i can pay $5 for a $20 cab ride
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New York is the outlier probably though
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for taxi use occasions, sure. but need more than taxi market to thrive. current prices expanded the market size. doubt that's inelastic
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once you go rideshare you don't go back
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Not in any city where there's good public transport.
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if taxis had a better way to ask for a ride other than calling dispatch and maybe getting one sent, then I might switch back.
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agreed.
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Price is inelastic relative to taxi, but not relative to other ridesharing services. Still a commodity because of ease of app switching
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