Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash / Fernando E. Alvarez, David O. Argente.

Format:

Book

Author/Creator:

Alvarez, Fernando E.

Contributor:

National Bureau of Economic Research.

Argente, David O.

Series:

Working Paper Series (National Bureau of Economic Research) no. w28133.

NBER working paper series no. w28133

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2020.

Summary:

We estimate the private benefits for Uber riders from using alternative payment methods. We focus on Mexico where riders have the option to use cash or credit cards to pay for rides. We use three field experiments involving approximately 400,000 riders to estimate the loss of private benefits for riders if a ban on cash payments is implemented. We find that Uber riders, using cash as means of payment either sometimes or exclusively, suffer an average loss of approximately 50% of their expenditures on trips paid in cash before the ban.

Notes:

Print version record

November 2020.