ANALYSIS OF METERED TAXI FARES

This paper examines the rationale behind the pricing mechanism of conventional metered taxi fares and presents an analytical framework for combining the total distance traveled and the time elapsed on the basis of realistic approximations. This analytical framework suggests that the metered taxi fare calculation is equivalent to a linear combination of total distance traveled and total time elapsed with suitable weighing factors assigned to distance and time. The weights for distance and time are based on relatively simple parameters, only one of which, the average running speed, is not under the direct control of the taxi operator.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/8674831
• Corporate Authors:

  American Society of Civil Engineers

  345 East 47th Street
  New York, NY  United States  10017-2398
• Authors:
  • Ghahraman, D
  • Au, T
  • Baumann, DMB
• Publication Date: 1975-11

Media Info

• Features: Appendices; Figures; Photos; References; Tables;
• Pagination: p. 807-816
• Serial:
  • Journal of Transportation Engineering
  • Volume: 101
  • Issue Number: TE4
  • Publisher: American Society of Civil Engineers
  • ISSN: 0733-947X
  • Serial URL: https://ascelibrary.org/journal/jtepbs

Subject/Index Terms

• TRT Terms: Analysis; Distance; Fares; Measuring instruments; Prices; Taxicabs; Time
• Subject Areas: Economics; Highways; Planning and Forecasting; Society;

Filing Info

• Accession Number: 00130864
• Record Type: Publication
• Report/Paper Numbers: ASCE #11735 Proceeding
• Files: TRIS
• Created Date: Jun 5 1976 12:00AM