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UID:f6b4fd244a913bc865720f354e68a471
CATEGORIES:Seminars
CREATED:20190502T145730
SUMMARY:Lunch Seminar: David Argente - Pennsylvania State University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nConsumer Surplus of Alternative Payment Methods: Paying Uber with Cash 
 joint with Fernando Alvarez\nAbstract: \nWe estimate the private benefits f
 or Uber riders of using cash as means of payment. We use three large field 
 experiments as well as several quasi-natural experiments to estimate the co
 nsumer surplus that would be lost if Uber riders in Mexico were not allowed
  to use cash as a payment method, a policy that has already been in place i
 n several cities. We find that riders of this platform that use cash as mea
 ns of payment, either partially or exclusively, suffer an average private c
 ost of approximately 30% of their total expenditures on rides. The incidenc
 e of the cost of the ban on cash falls disproportionately on lower income h
 ouseholds. \n
DTSTAMP:20260404T233606Z
DTSTART:20190605T130000Z
DTEND:20190605T140000Z
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