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Just a small point of disagreement: Often, in busy parts of NYC, hailing a cab is much more convenient that calling an Uber. Ubers often take awhile to get to y
by freditup 10y ago
Just a small point of disagreement: Often, in busy parts of NYC, hailing a cab is much more convenient that calling an Uber. Ubers often take awhile to get to you whereas a yellow cab can be hailed within a few seconds.
I am interested in the question you pose though - about the social utility of the medallion system. Perhaps there's some benefit in keeping the number of cabs limited in order to keep the roads emptier and thus more usable?
- leereeves 10y agoIf a yellow cab can be hailed within a few seconds, it sounds like there are enough cabs to serve the market. Would more cabs only lower the utilization rate and thus earnings?
- macspoofing 10y ago>If a yellow cab can be hailed within a few seconds, it sounds like there are enough cabs to serve the market. That's only true of certain areas and certain times.