Diao, Wen; Jiang, Baojun; Tian, Lin - 2022
traditional taxi company have different inconvenience costs and compete for customers through pricing. Our analysis shows that …’ equilibrium targeting and pricing decisions. We find that an increase in the taxi’s inconvenience cost can have non …-monotonic effects on firms’ prices. An increase in the taxi’s inconvenience cost, which reduces the consumer’s utility from a taxi ride …