The availability of Uber’s Ride Pass is not based on a limited number of passes that are available on a first come first serve basis, but rather it is a customized offer to certain Uber customers. In an experiment, a few of my friends and I simultaneously tried to purchase the Ride Pass and only I succeeded. This is useful information that will be relevant in our upcoming analysis of economics behind the Ride Pass.
For over a year, Uber has offered a limited monthly pass program that allows discounted rides to its users in a few large cities around the US. The pass is a great deal if you can get your hands on it.
This is the first part of a series of three posts on the Uber monthly pass looking into how the pass is structured, how it has changed over time and some of the economics behind it, and how a hypothetical graduate student’s demand function for transportation changes in response to changes in the structure of the Uber pass.