Ok, so we haven't been so good about keeping y'all up to date. I have tons of pics to upload from our time in Seattle, Atlanta and Chattanooga, but please be patient and bear with me for just a little longer. What's been keeping us so busy?
Look, we're in the paper and online:
New York Daily News
Gothamist
and
WSJ.com
"Terry Crawford, the founder of Hitchsters.com8 Inc. -- a New York company that next week plans to launch a Web service connecting air travelers for shared taxi rides -- emailed me to let me know he'd read my column9 last year that asked economists to weigh in on the best way to split the fare on a shared cab ride. Mr. Crawford inviting me to examine his fare-sharing strategy. At launch, the service will be arranging only two-person rides, limiting the number of available payment permutations. The first rider to leave the cab pays 60% of the fare to that point, including tolls but not tip. If both riders leave together -- a more-likely scenario on, say, trips to the airport -- they each pay 60% and the extra goes toward the tip. "The hope is that the taxi drivers don't get ripped off," Gloria Crawford, vice president of marketing and Mr. Crawford's wife, told me.
I asked Barry Nalebuff, a professor at the Yale School of Management who weighed in for my earlier column, to comment on this system. "I think the point of the first person paying 60% is that this person is getting better service, in that he or she is being dropped off first," he said. "Thus that person should pay more. How much more? It is a bit arbitrary. It depends on how much the second person is being taken out of his or her way. This adds both extra time and extra cost to the total. While it is hard to figure this out on a case-by-case basis, the 60% rule seems reasonable as a rule of thumb."" - Carl Bialik, The Numbers Guy, The Wall Street Journal Online
Meanwhile, Trey is such the little trooper. While we're getting ready for the big launch (hitchsters.com, launching November 11), he's doing some of his new favorites, including "pai pai shou" (clap your hands -- which he decided to do on demand for Nai Nai's birthday - 10/31) and kissy noises (smacking his lips up and down when Mommy says "kiss kiss"). He's also starting to figure out how to stand on his own for seconds at a time. :)
Ok, that's the update for now -- gotta get back to testing out site. :)
Friday, November 03, 2006
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