This paper studies how search friction and spatial pricing can impact the taxi market in New York City. We use a mean field model, in which the taxi drivers strategically search for customers in different neighborhoods across the city, taking into account the spatial and temporal distribution of...

The development of Information and Communications Technology and digital economies has contributed to changes in the consumption of goods and services in various areas of life, affecting the growing expectations of users in relation to price statistics. Therefore, it is important to provide...