Szeto, Wai Yuen; Wong, Ryan Cheuk Pong; Wong, Sze Chun; … - In: International Journal of Urban Sciences 17 (2013) 2, pp. 184-198
In this study, global positioning system data from 460 urban taxis are used to develop a time-dependent logit model. The rate of return (ROR, also known as profit per unit time) is used as a factor underlying taxi drivers' searching behaviour for customers. The data also reveal that the search...