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Title:

Hailing in the Rain: Temporal and Weather-Related Variations in Taxi Ridership and Taxi Demand-Supply Equilibrium

Accession Number:

01473222

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The current study investigates temporal and weather-related variation in taxi ridership patterns in New York City (NYC) from the perspective of demand-supply equilibrium. For this purpose, the study conducted a computationally heavy analysis of a taxi global positioning system (GPS) data set with more than 147 million records covering 10 months of activity. It found that there were significant variations in ridership and trip distances for different day of week-time of day (DOW-TOD) weather condition periods. Drivers, as the actors who determine taxi supply, respond to this variation in a way that maintains their incomes above approximately $20 per hour. The impact of weather is also investigated. Snow conditions do not affect the hourly revenues but when there is rainfall, drivers make more frequent and slightly shorter trips that increase their income. After reaching their income target, drivers may end their shift early, a finding that may explain the perceived taxi shortage during prolonged rain conditions. It was also shown that within existing trip frequency and trip distance patterns, the impact of a proposed taxi fare increase in NYC on hourly revenues would vary among different TOD periods. This suggests that a fare increase has the potential to alter the temporal taxi supply as well as the taxi lease rents (which vary by shift) for certain periods. Based on these findings, the paper provides insights into the temporal and weather-related variation in taxi demand-supply equilibrium. Its findings can assist policymakers who regulate the taxi industry.

Supplemental Notes:

This paper was sponsored by TRB committee AP060 Paratransit.

Monograph Accession #:

01470560

Report/Paper Numbers:

13-3131

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Kamga, Camille
Yazici, M Anil
Singhal, Abhishek

Pagination:

18p

Publication Date:

2013

Conference:

Transportation Research Board 92nd Annual Meeting

Location: Washington DC, United States
Date: 2013-1-13 to 2013-1-17
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Geographic Terms:

New York (New York)

Subject Areas:

Highways; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2013 Paper #13-3131

Files:

TRIS, TRB, ATRI

Created Date:

Feb 5 2013 12:38PM