Abstract This paper investigates the factors that influence the choice of, and hence demand for taxis services, a relatively neglected mode in the urban travel task. Given the importance of positioning preferences for taxi services within the broader set of modal options, we develop a modal choice model for all available modes of transport for trips undertaken by individuals or groups of individuals in a number of market segments. A sample of recent trips in Melbourne in 2012 was used to develop segment-specific mode choice models to obtain direct (and cross) elasticities of interest for cost and service level attributes. Given the nonlinear functional form of the way attributes of interest are included in the modal choice models, a simple set of mean elasticity estimates are not behaviourally meaningful; hence a decision support system is developed to enable the calculation of mean elasticity estimates under specific future service and pricing levels. Some specific direct elasticity estimates are provided as the basis of illustrating the magnitudes of elasticity estimates under likely policy settings.


    Access

    Access via TIB

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Demand for taxi services: new elasticity evidence


    Contributors:

    Published in:

    Publication date :

    2013




    Type of media :

    Article (Journal)


    Type of material :

    Print


    Language :

    English



    Classification :

    BKL:    55.80 Verkehrswesen, Transportwesen: Allgemeines / 74.75 Verkehrsplanung, Verkehrspolitik
    Local classification TIB:    535/7000



    Demand for taxi services: new elasticity evidence

    Rose, John M. / Hensher, David A. | Online Contents | 2013


    A macroscopic taxi model for passenger demand, taxi utilization and level of services

    Yang, Hai / Lau, Yan Wing / Wong, Sze Chun et al. | Online Contents | 2000


    Taxi Services

    Community Transport Association | British Library Conference Proceedings | 1993


    TAXI DEMAND ESTIMATION SYSTEM

    ISHIGURO SHIN / FUKAZAWA YUSUKE / KIKUCHI YU et al. | European Patent Office | 2017

    Free access

    Taxi Demand Prediction Using LSTM and Optimized Taxi Geo-distribution

    Patole, Deepti / Mehta, Raj / Mehta, Chintan et al. | Springer Verlag | 2021