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dc.contributor.advisorChairperson, Graduate Committee: Randal R. Ruckeren
dc.contributor.authorO'Donnell, Maggie Kathleenen
dc.date.accessioned2017-12-27T21:27:01Z
dc.date.available2017-12-27T21:27:01Z
dc.date.issued2017en
dc.identifier.urihttps://scholarworks.montana.edu/xmlui/handle/1/13103
dc.description.abstractLicensing requirements in taxi markets in the form of medallion systems are a common regulatory tool employed to regulate U.S. taxi industries. Such a system creates profits--i.e., rents--by restricting entry to the market. These profits are reflected in taxi medallion values, which are as high as $1.32 million in New York City. Changes in demand for taxi services result in decreased profits and thus decreased medallion values. In this thesis, I measure the effect of the introduction and expansion of Uber, a ridesharing company, which causes a decrease in the demand for taxi services. Estimates of the aggregate losses to the taxi industry in each of the four cities range from $387 million in Philadelphia to $9.6 billion in NYC.en
dc.language.isoenen
dc.publisherMontana State University - Bozeman, College of Agricultureen
dc.subject.lcshLocal transit.en
dc.subject.lcshTaxicabs.en
dc.subject.lcshEconomics.en
dc.subject.lcshTrade regulation.en
dc.subject.lcshUber Technologies Inc.en
dc.titleAn economic analysis of the effect of Uber on taxi medallion valuesen
dc.typeThesisen
dc.rights.holderCopyright 2017 by Maggie Kathleen O'Donnellen
thesis.degree.committeemembersMembers, Graduate Committee: Randal R. Rucker (chairperson); Dominic Parker; Vincent H. Smith.en
thesis.degree.departmentAgricultural Economics & Economics.en
thesis.degree.genreThesisen
thesis.degree.nameMSen
thesis.format.extentfirstpage1en
thesis.format.extentlastpage143en
mus.data.thumbpage63en


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