An Analysis of the Market for Taxicab Rides in New York City
In the last few years, the city of New York has increased taxicab fares and relaxed a 59-year-old cap on the number of licenses. This article uses a dynamic equilibrium model of meeting frictions to quantify the impact of these policies on medallion prices and on the process that rules the meetings between passengers and taxicabs in New York City. Copyright 2003 By The Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.
Volume (Year): 44 (2003)
Issue (Month): 2 (05)
|Contact details of provider:|| Postal: |
Phone: (215) 898-8487
Fax: (215) 573-2057
Web page: http://www.econ.upenn.edu/ierEmail:
More information through EDIRC
|Order Information:|| Web: http://www.blackwellpublishing.com/subs.asp?ref=0020-6598 Email: |
When requesting a correction, please mention this item's handle: RePEc:ier:iecrev:v:44:y:2003:i:2:p:423-434. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or ()
If references are entirely missing, you can add them using this form.