THE TAXI MARKET: OPERATIONAL CHARACTERISTICS AND POLICY CONSEQUENCES

The operation of taxis as means of urban transport present certain special characteristics which have originated a discussion in the literature about the most adequate operational structure for this market. In particular it has been debated whether it is more convenient to regulate its entrance or to allow for a completely free operation. In this paper various models of the taxi market appearing in the literature are presented and discussed and a new model of analysis is proposed. Building on the experimental results obtained for the Chilean case, the paper then analyses the consequences of deregulation for the various economic agents involved: users, operators and the public in general. Finally, an attempt is made to obtain some conclusions regarding the application of policies which appear as the more adequate to produce a social optimum. The Chilean case appears to be a very interesting laboratory for the validation of the theories which have been put forward. Indeed, the taxi market after a long history of regulated operation has recently been deregulated following the general policies of the Chilean government. (Author/TRRL)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0860501132
• Supplemental Notes:
  • Developing Countries. Proceedings of Seminar G held at the PTRC Summer Annual Meeting, University of Warwick, England, 4-7 July 1983.
• Corporate Authors:

  PTRC Education and Research Services Limited

  110 Strand
  London WC2,   England 
• Authors:
  • Fernandez, J E
• Conference:
  • Planning & Transport Res & Comp, Sum Ann Mtg, Proc
• Publication Date: 1983

Media Info

• Pagination: p. 177

Subject/Index Terms

• TRT Terms: Conferences; Deregulation; Developing countries; Legislation; Mathematical models; Policy; Taxicabs; Transportation operations; Urban areas
• Geographic Terms: Chile
• ITRD Terms: 8022: Chile; 8525: Conference; 150: Developing countries; 1556: Legislation; 6473: Mathematical model; 1144: Operations (transp network); 173: Policy; 1148: Taxi; 313: Urban area
• Subject Areas: Highways; Law; Planning and Forecasting; Policy; Public Transportation; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00382751
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• ISBN: 0-86050-113-2
• Report/Paper Numbers: Volume P237
• Files: ITRD, TRIS
• Created Date: Apr 30 1984 12:00AM