Cookies?
Library Header Image
LSE Research Online LSE Library Services

Leasing a licence to drive a taxi or giving a cut of the fares to a ride-sharing company?

Caldwell, Sydnee (2021) Leasing a licence to drive a taxi or giving a cut of the fares to a ride-sharing company? LSE Business Review (07 Sep 2021). Blog Entry.

[img] Text (businessreview-2021-09-07-leasing-a-licence-to-drive-a-taxi-or-giving) - Published Version
Download (102kB)

Abstract

Taxi drivers in the United States pay upfront to buy or lease a medallion and keep the fares for themselves. With Uber or Lyft drivers, instead, no medallion is required, but they must pay a proportion of the fares to the ride-share companies. Sydnee Caldwell and colleagues conducted a series of experiments and found a strong aversion to the medallion lease model among drivers: 81% of them would prefer paying a 25% fee to paying a $200 weekly lease.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 02 Nov 2021 15:36
Last Modified: 02 Nov 2021 15:36
URI: http://eprints.lse.ac.uk/id/eprint/112267

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics