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:
  • 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:
  • Publication Date: 1983

Media Info

  • Pagination: p. 177

Subject/Index Terms

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