When taxi drivers meet dynamic pricing: A lesson from Singapore's JustGrab program

When taxi drivers meet dynamic pricing: A lesson from Singapore's JustGrab program

This paper studies how dynamic pricing influences taxi drivers’ behaviors using a unique event, the inception of the JustGrab program in Singapore in 2017, which introduces dynamic pricing to some, but not all, taxi drivers. This is the first time in history that traditional taxi drivers have access...

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Bibliographic Details
Main Authors: CHENG, Shih-Fen, HSU, Wen-Tai, LI, Jing
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
Price mechanism
Dynamic pricing
Taxi drivers
JustGrab
Databases and Information Systems
Data Science
Online Access:https://ink.library.smu.edu.sg/soe_research/2794
https://ink.library.smu.edu.sg/context/soe_research/article/3792/viewcontent/ssrn_4757476.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2794
https://ink.library.smu.edu.sg/context/soe_research/article/3792/viewcontent/ssrn_4757476.pdf

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