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BEGIN:VEVENT
UID:f6b4fd244a913bc865720f354e68a471
CATEGORIES:Seminars
CREATED:20190502T145730
SUMMARY:Lunch Seminar: David Argente - Pennsylvania State University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><strong><span style="font-size: 11pt; font-family: 'Calibri','sans-serif
 ';">Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash<
 /span></strong><span style="font-size: 11pt; font-family: 'Calibri','sans-s
 erif';"> joint with Fernando Alvarez</span></p><p style="text-align: justif
 y;"><span style="font-size: 11pt; font-family: 'Calibri','sans-serif';">Abs
 tract: </span></p><p style="text-align: justify;"><span style="font-size: 1
 1pt; font-family: 'Calibri','sans-serif';">We estimate the private benefits
  for Uber riders of using cash as means of payment. We use three large fiel
 d experiments as well as several quasi-natural experiments to estimate the 
 consumer surplus that would be lost if Uber riders in Mexico were not allow
 ed to use cash as a payment method, a policy that has already been in place
  in several cities. We find that riders of this platform that use cash as m
 eans of payment, either partially or exclusively, suffer an average private
  cost of approximately 30% of their total expenditures on rides. The incide
 nce of the cost of the ban on cash falls disproportionately on lower income
  households. </span></p>
DTSTAMP:20260404T233708Z
DTSTART:20190605T130000Z
DTEND:20190605T140000Z
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