By Justin Langford The emergence of ridesharing has revolutionized the transportation industry. By providing an online interface to connect passengers to drivers nearby, Transportation Network Companies (TNCs) such as Uber and Lyft offer an inexpensive and convenient alternative to traditional taxi services. The rise of TNCs, however, has brought about criticism among legislators and attempts … Continue reading Regulation of Ride Sharing Services Unnecessary Based on Evidence
Taxis and Ridesourcing Companies Serve Different Customers
By Matt Kelly Uber, Lyft, Sidecar, and other “ridesourcing” services have been the subject of a near continuous stream of popular news stories, lawsuits, protests, and even regulatory reforms across the world. The reporting has often bordered on sensationalism, but a handful of recent economic studies have tried to objectively examine the effects of “ridesourcing” … Continue reading Taxis and Ridesourcing Companies Serve Different Customers
New Study Sheds Light on Ridesharing’s Labor Market
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
Taxi Regulation Reduces Driver Opportunity
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
The Uber Wars
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
Customers Rise Up to Support Taxi Innovator
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