A diagrammatic analysis of the market for cruising taxis

dc.creatorFernandez L., J. Enrique
dc.creatorDe Cea Ch, Joaquin
dc.creatorBriones M., Julio
dc.date.accessioned2024-01-10T12:04:07Z
dc.date.accessioned2024-05-02T17:21:00Z
dc.date.available2024-01-10T12:04:07Z
dc.date.available2024-05-02T17:21:00Z
dc.date.created2024-01-10T12:04:07Z
dc.date.issued2006
dc.identifier10.1016/j.tre.2005.05.001
dc.identifier1366-5545
dc.identifierhttps://doi.org/10.1016/j.tre.2005.05.001
dc.identifierhttps://repositorio.uc.cl/handle/11534/75692
dc.identifierWOS:000241254100003
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/9268012
dc.description.abstractA diagrammatic approach is used to study the characteristics of the cruising taxi market. For cost modeling, both taxi operator and passenger are taken as service producers. The former provides his vehicle operation and the latter, his waiting and travel time. Market demand is defined as a function of generalized price. It is shown that under short and long run conditions a unique equilibrium exists for a deregulated industry and it corresponds to a monopolistic competition. The relations among the free market equilibrium, social optimum and second best solution are analyzed. Regulations are studied in order to find their social convenience. (c) 2005 Elsevier Ltd. All rights reserved.
dc.languageen
dc.publisherPERGAMON-ELSEVIER SCIENCE LTD
dc.rightsacceso restringido
dc.subjectcruising taxis
dc.subjectmonopolistic competition
dc.subjectregulation policies
dc.subjectCOMPETITION
dc.titleA diagrammatic analysis of the market for cruising taxis
dc.typeartículo


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