Disruptive Change in the Taxi Business: The Case of Uber
In most cities, the taxi industry is highly regulated and has restricted entry. Ride sharing services, such as Uber and Lyft, which use mobile internet technology to connect passengers and drivers, have begun to compete with traditional taxis. This paper examines the efficiency of ride sharing servi...
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| Published in | The American economic review Vol. 106; no. 5; pp. 177 - 182 |
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| Main Authors | , |
| Format | Journal Article |
| Language | English |
| Published |
Nashville
American Economic Association
01.05.2016
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| Subjects | |
| Online Access | Get full text |
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| Abstract | In most cities, the taxi industry is highly regulated and has restricted entry. Ride sharing services, such as Uber and Lyft, which use mobile internet technology to connect passengers and drivers, have begun to compete with traditional taxis. This paper examines the efficiency of ride sharing services vis-a-vis taxis. In most cities with data available, UberX drivers spend a significantly higher fraction of their time, and drive a substantially higher share of miles, with a passenger in their car than do taxi drivers. Reasons for this efficiency advantage are explored. |
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| AbstractList | In most cities, the taxi industry is highly regulated and has restricted entry. Ride sharing services, such as Uber and Lyft, which use mobile internet technology to connect passengers and drivers, have begun to compete with traditional taxis. This paper examines the efficiency of ride sharing services vis-a-vis taxis. In most cities with data available, UberX drivers spend a significantly higher fraction of their time, and drive a substantially higher share of miles, with a passenger in their car than do taxi drivers. Reasons for this efficiency advantage are explored. |
| Author | Krueger, Alan B. Cramer, Judd |
| Author_xml | – sequence: 1 givenname: Judd surname: Cramer fullname: Cramer, Judd – sequence: 2 givenname: Alan B. surname: Krueger fullname: Krueger, Alan B. |
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| CODEN | AENRAA |
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| Snippet | In most cities, the taxi industry is highly regulated and has restricted entry. Ride sharing services, such as Uber and Lyft, which use mobile internet... |
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| SubjectTerms | Analysis Car pools Cities Economic theory Jurisdiction LABOR MARKETS WITH OCCUPATIONAL LICENSING: THEIR ECONOMIC EFFECTS Labor supply Licenses Licensing Marathons Passengers Regulation Ride sharing services Studies Taxicabs Working hours |
| Title | Disruptive Change in the Taxi Business: The Case of Uber |
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