An analysis of the market for taxicab rides in New York City

Ricardo Lagos

doi:10.1111/1468-2354.t01-2-00075

An analysis of the market for taxicab rides in New York City

Ricardo Lagos

Research output: Contribution to journal › Review article › peer-review

Abstract

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.

Original language	English (US)
Pages (from-to)	423-434
Number of pages	12
Journal	International Economic Review
Volume	44
Issue number	2
DOIs	https://doi.org/10.1111/1468-2354.t01-2-00075
State	Published - May 2003

ASJC Scopus subject areas

Economics and Econometrics

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10.1111/1468-2354.t01-2-00075

Cite this

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abstract = "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.",

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An analysis of the market for taxicab rides in New York City

Abstract

ASJC Scopus subject areas

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