By Matt Kelly Few economic issues have been more talked about this year than the disruptive forays into the taxi market by ridesharing technology companies like Uber and Lyft. It seems reasonable to assume ridesharing drivers are of the same ilk as traditional taxi drivers, yet little academic research has been done...until now. A recent … Continue reading New Study Sheds Light on Ridesharing’s Labor Market
By Matt Kelly As Uber, Lyft and other “ridesharing” services continue to revolutionize the urban transportation landscape, more complaints are surfacing questioning the efficiency and fairness of the innovative services they provide. One of the more recent is “surge pricing,” the idea that services provided during peak periods carry a higher charge or fee. A … Continue reading New Study Tests the Merits of Surge Pricing
Original post date: September 30, 2014 Article by: Ben Douglas For decades, state and local governments have imposed dramatic entry controls on the taxi industry across the United States. These regulatory hurdles benefit established companies at the expense of drivers. Many cities issue "medallions," a permit that grants its owner the legal right the right … Continue reading Taxi Regulation Reduces Driver Opportunity
Original post date: September 16, 2014 Article by: Ben Douglas In May, Uber revealed annual median incomes for UberX drivers in New York and San Francisco of $90,766 and $74,191, respectively. In contrast, 2013 median annual taxi driver incomes in New York and San Francisco are $29,910 and $28,060 according to the Bureau of Labor … Continue reading Do UberX Driveres Really Earn Three Times More than Taxi Drivers?
Original post date: December 10, 2013 Article by: Ben Douglas 6/6/2023 Edits: Some links that were no longer working have been fixed. In my previous blogs, I discussed some of the legal and regulatory hurdles encountered by Uber, a Transportation Network Company (TNC) that provides on-demand taxi and limousine services using a smartphone app to … Continue reading The Uber Wars
Original post date: October 07, 2013 Article by: Ben Douglas The World Bank has devoted a considerable amount of funding in recent years to the establishment of Bus Rapid Transit (BRT) systems in Latin America (and Africa). Numerous prominent Latin American cities have taken loans from the global financial institution for this purpose, including Mexico … Continue reading Lima’s Transit Woes
Original post date: June 04, 2013 Article by: Sam Staley 5/8/2023 Edits: Some links that were no longer working have been fixed. At least pedicab operators in Columbus, Ohio are honest about what they expect out of the city's licensing process: Purging the city of competition. The city is about to adopt regulations that, among … Continue reading Ohio Pedicab Operator Regulatory Goal? Limit Competition