Data Research Reveals When Taking a Yellow Cab Is Cheaper Than an Uber

An anonymous reader writes A team of data scientists have come up with a system to identify times when regular yellow taxis are cheaper alternatives to an Uber [in New York]. Researchers from the University of Cambridge and the University of Nanmur in Belgium have compared a broad dataset of both yellow taxi and Uber fares in New York and have discovered that for a trip costing less than $35 Uber is often the most expensive option. The data scientists were able to reach this conclusion by comparing trip and fare data for each yellow taxi ride taken in 2013 and entering it into Uber's fare query system. Prices were taken from Uber's lowest-cost service Uber X and the NYC Taxi and Limousine Commission.

Comments

Re:Experience

[Tuidjy]

I do not know about New York, but if you take an Uber car In California, and get into an accident, do not count on the driver's insurance. It was invalidated the second you got in the car, having promised to pay him.