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- W2079008594 abstract "Data obtained from New York City’s Taxi & Limousine Commission highlights the importance of yellow cabs in the city’s transportation infrastructure. In 2011, for example, there were nearly 180 million cab rides. In this paper, we provide detailed visualizations of these numerous journeys. Using a random sample, we also develop several relevant economic metrics. For example, we find that nearly half of all rides were taken by a single passenger traveling short distances. In contrast, out-of-pocket costs faced by passengers averaged less than $6 per mile, with 90% paying less than $8 per mile, even when the social value of the city’s roads is highest. From a city planner’s perspective, the current fare structure for yellow cabs may not be optimal. Finally, we propose a statistical method to analyze dynamic flow patterns of yellow-cab rides that can ultimately be extended to a multivariate model." @default.
- W2079008594 created "2016-06-24" @default.
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- W2079008594 date "2013-01-01" @default.
- W2079008594 modified "2023-09-27" @default.
- W2079008594 title "Yellow Cabs as Red Corpuscles" @default.
- W2079008594 cites W3151696874 @default.
- W2079008594 doi "https://doi.org/10.2139/ssrn.2340640" @default.
- W2079008594 hasPublicationYear "2013" @default.
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