6 ms·
> you cannot simultaneously have lower congestion and higher demand for taxi How so? If a taxi used to take 20 minutes and $20 and now it takes 15 minutes and
by AdamN 2y ago
> you cannot simultaneously have lower congestion and higher demand for taxi
How so? If a taxi used to take 20 minutes and $20 and now it takes 15 minutes and $18 the demand for that form of transport will go up.
- slt2021 2y agoIf a driver is replaced by a cab passenger it is 1-to-1 replacement of personal vehicle with taxi, no impact on congestion. If you see demand for cabs increasing + congestion pricing revenue of $1.5bln that means more traffic and more paying drivers