LICENCE VALUES IN TAXI MARKETS

被引:4
作者
Koehler, Benedikt
机构
[1] City University, Economic Regulation and Competition, London
关键词
D O I
10.1111/j.1468-0270.2005.00553.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Wherever taxi regulators cap the number of taxis, operating licences acquire economic value. In the UK, the Office of Fair Trading recommended legislative repeal of quantity caps, but the status quo continues. This article argues that licence values send an important signal to taxi regulators.
引用
收藏
页码:52 / 54
页数:3
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