This &#x27;paper&#x27; relies on some very flawed assumptions and hence have no basis in reality.<p>Ridesharing services like Uber aim to be cheaper than car ownership, while being as reliable as running water. Many people are finding that once they add up all their vehicle costs (maintenance, depreciation, parking, registration, fuel), uberPOOL or even uberX is cheaper than owning a car. Plus, you get to work or relax on the ride instead of focusing on the road. How much is your time worth?<p>Assuming that only 10% is willing to pay less for a superior experience is absurd. Once you change it to a more realistic figure of a third to a quarter, the conclusions fall apart.