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Equilibrium Analysis Of The Taxi Market And Government Regulation Research Under The Impact Of Online Car-hailing Platform

Posted on:2020-03-11Degree:MasterType:Thesis
Country:ChinaCandidate:Z L SunFull Text:PDF
GTID:2416330620460415Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
Since the entry of the online car-hailing service into the Chinese market in 2012,people's travel patterns have been changed by this new model.With the promulgation of the "Interim Measures for the Administration of Network Appointment of Taxi Management Services",the network car has officially become an integral part of the urban transportation service system.This new travel model not only changed the behavior of consumers,but also brought impact to the taxi market.Studying the balance of the taxi market is important to understand the nature of the car and its impact on the taxi industry.At the same time,the regulation research on the online car-hailing service can provide policy recommendations for the government managementThis paper establishes a standardized economic model to analyze the equilibrium of the taxi market before and after the online car-hailing service enter the market,based on the supply and demand situation of the taxi market.The equilibrium results show that when the online car-hailing service does not enter the market,the taxi company has absorbed half of the taxi drivers' income without government supervision;when the online car-hailing service enters the market,the taxi market forms a mixed equilibrium and separation equilibrium: under mixed equilibrium,the online car-hailing service company attracts the driver to join the platform through the subsidy policy;under separation equilibrium,the online car-hailing service company subsidizes the passengers to obtain more markets,and obtains higher profit than the mixed equilibrium.In addition,this paper believes that the government's regulation of the online car-hailing service market should adopt non-economic regulation different from the traditional taxi market.
Keywords/Search Tags:online car-hailing service, taxi market, mixed equilibrium, separation equilibrium, government regulation
PDF Full Text Request
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