Original post date: November 19, 2013 Article by: Ben Douglas 6/6/2023 Edits: Some links that were no longer working have been fixed. Finding a more textbook example of regulatory capture than the taxicab industry is difficult, as the case of the innovative on-demand taxi service Uber clearly demonstrates. Despite the highly regulated nature of the … Continue reading Customers Rise Up to Support Taxi Innovator
Entrenched Interests Fight Innovation in Taxi Industry
Original post date: November 19, 2013 Article by: Ben Douglas 5/24/2023 Edits: Some links that were no longer working have been fixed. A revolutionary new smartphone app is changing the nature of the taxicab business, but stiff opposition from entrenched taxi companies risks keeping their innovations from benefiting customers. Uber is a venture-capital funded startup … Continue reading Entrenched Interests Fight Innovation in Taxi Industry
Path Dependence, Entrenched Interests, and the Future of Transit
Original post date: April 09, 2013 Article by: Anonymous Path dependence: The tendency of a past or traditional practice or preference to continue even if better alternatives are available. Mortimer L. Downey has worked in New York's Metropolitan Transit Authority (MTA) and the Washington Metropolitan Area Transit Authority (MATA), and was one of several presenters at a May … Continue reading Path Dependence, Entrenched Interests, and the Future of Transit