An Analysis of the Market for Taxicab Rides in New York City*
构建动态均衡模型，量化分析纽约市提高出租车票价和放松牌照数量上限对牌照价格及乘客与出租车匹配过程的影响。
In the last few years, the city of New York has increased taxicab fares and relaxed a 59‐year‐old cap on the number of licenses. This article uses a dynamic equilibrium model of meeting frictions to quantify the impact of these policies on medallion prices and on the process that rules the meetings between passengers and taxicabs in New York City.