Showing 1 - 10 of 10
In most large cities, the taxi industry is subject to various types of regulation, such as entry restrictions and price controls, and economists have examined the economic consequences of such regulation extensively. Unfortunately, in conventional economic analyses of competition and regulation...
Persistent link: https://www.econbiz.de/10005236075
This paper presents an application of the continuum traffic equilibrium model for the cordon-based congestion pricing problem. The traffic equilibrium model treats densely spaced roads as a continuum over which commuters are continuously dispersed. Suppose in the morning peak-hour, all commuters...
Persistent link: https://www.econbiz.de/10005323026
Persistent link: https://www.econbiz.de/10006454376
This paper examines the effects of nonlinear fare structures in taxi markets using an extended taxi model with an explicit consideration of perceived profitability. The expected profit, defined as the profit per unit time (inclusive of both occupied and vacant taxi times), that a taxi driver...
Persistent link: https://www.econbiz.de/10008488318
This paper proposes an equilibrium model to characterize the bilateral searching and meeting between customers and taxis on road networks. A taxi driver searches or waits for a customer by considering both the expected searching or waiting time cost and ride revenue, and a customer seeks a taxi...
Persistent link: https://www.econbiz.de/10008868392
Honoring David Boyce for his legendary contributions to the fields of transportation modeling and regional science, the chapters in this festschrift highlight and analyze state-of-the-art and state-of-the-practice methodologies and theories in transportation modeling, regional and urban planning.
Persistent link: https://www.econbiz.de/10011159513
This paper extends the model of urban taxi services in congested networks to the case of multiple user classes, multiple taxi modes, and customer hierarchical modal choice. There are several classes of customers with different values of time and money, and several modes of taxi services with...
Persistent link: https://www.econbiz.de/10005228191
Persistent link: https://www.econbiz.de/10006658014
Persistent link: https://www.econbiz.de/10005287835
Persistent link: https://www.econbiz.de/10005228105