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results of a survey of the Bank of Italy on the main Italian cities show that the supply of taxi is much lower than that of … one adopted in Italy, lacks a solid analytical as well an empirical basis for support. Likely, the lower availability of … taxi in Italy does not reflect only quantity and price regulation but also other characteristics of the regulation itself …
Persistent link: https://www.econbiz.de/10012729093
The paper presents the results of a research on railway regulation and liberalisation in Italy, France, Germany and …
Persistent link: https://www.econbiz.de/10008855557
In New York City (NYC), it has been a common complaint that it is difficult to find a taxi in the rain. Using all Uber rides in NYC from April to September 2014 and January to June 2015, we show that the number of Uber rides is significantly correlated with whether it rained. The number of Uber...
Persistent link: https://www.econbiz.de/10011486475
Indore is the commercial capital of M.P., the centrally located province of India. An unprecedented welcome change ushered in the lives of local population here on the 57th Republic Day of the nation i.e. 26th Jan 2006 when ultra-modern-low-floor buses started plying on various routes of the...
Persistent link: https://www.econbiz.de/10014207221
This paper explores how changes in default options can influence consumer behavior in a setting where consumers can use a suggested default or manually enter a tip amount. To identify the impact that different defaults have on behavior, I take advantage of variation within the New York City taxi...
Persistent link: https://www.econbiz.de/10012892951
Relationship-based contract enforcement is commonly thought to limit market expansion. In contrast, this paper illustrates how relationship-based contract governance accommodates new entrants into market exchange using a case study of the cycle-rickshaw rental market in a city in central India....
Persistent link: https://www.econbiz.de/10013008908
In expert markets, different pricing schemes generate different financial incentives for sellers to defraud customers. Using rich microdata on New York City taxi rides, we examine the differences between trips of non-local passengers and those of comparable local passengers, and explore to what...
Persistent link: https://www.econbiz.de/10012933225
This paper studies how firms reorganize after diversifying into related businesses. Specifically, we propose that outsourcing is one way to reduce the coordination costs that arise in multidivisional firms. We, also, examine the mechanisms underlying coordination costs, and show how alternative...
Persistent link: https://www.econbiz.de/10014218543
We study learning by doing (LBD) by New York City taxi drivers, who have substantial discretion over their driving strategies and receive compensation closely tied to their success in finding customers. In addition to documenting significant learning by these entrepreneurial agents, we exploit...
Persistent link: https://www.econbiz.de/10013052215
We examine the impact of Artificial Intelligence (AI) on productivity in the context of taxi drivers. The AI we study assists drivers with finding customers by suggesting routes along which the demand is predicted to be high. We find that AI improves drivers’ productivity by shortening the...
Persistent link: https://www.econbiz.de/10014242618