Supply-demand relationship of cabs

DOI

10.2991/isss-15.2015.110How to use a DOI?

Keywords

supply-demand; relationship; nonstandard cabs.

Abstract

This paper mainly discusses the relationship of supply-demand after strengthening the regulations of cab companies. Aiming to find the balance point from Demand function and Supply function, we build the equilibrium price decision model. Because of the banning of nonstandard cabs, the number of cabs will drop without new supplies. Following by it, there would be an inflation of prices. On the other hand, there will be more residents to ride a cab because quality of service improved.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Juanjuan Hu
PY  - 2015/08
DA  - 2015/08
TI  - Supply-demand relationship of cabs
BT  - Proceedings of the 1st International Symposium on Social Science (isss-15)
PB  - Atlantis Press
SP  - 456
EP  - 459
SN  - 2352-5398
UR  - https://doi.org/10.2991/isss-15.2015.110
DO  - 10.2991/isss-15.2015.110
ID  - Hu2015/08
ER  -