Taxicab operating characteristics in the United States

In 1982, a national survey of U.S. taxicab operators was conducted. This survey sought to assess the economic, operational and organizational status of the industry and to determine how these characteristics have been changing in response to rising costs and an economic recession. Two results of this survey are reported in this paper; the size structure and the organization of the industry. Both of these characteristics show that it has recently been undergoing two fundamental changes. These are the rapid switch away from employees as drivers to independent contractor drivers and decreasing average company size.     

Urban travel demand: The impact of Box-Cox transformations with nonspherical residual errors

We develop an algorithm for solving regression models with Box-Cox transformations on both the dependent and independent variables, while simultaneously taking into account corrections for serial correlation of several orders and for heteroscedasticity. The latter correction is of a general form which contains as special cases most specifications of heteroscedasticity found in practice. We apply the procedure to three urban travel demand functions, two of which are currently used in their linear form by the Montreal Transit Authority, and analyze more than 100 specifications. Our results show that taking into account nonsphericalness of the residuals has a major impact on model parameter estimates, notably on those which determine the functional form of the model, and that, conversely, modifications of the functional form have strong implications for both the structure of autocorrelation and the importance of heteroscedasticity; moreover, we find interactions between autocorrelation and heteroscedasticity structures. We introduce a special measure of elasticity for variables which contain zero observations, particularly dummy variables. Moreover, we find that elasticities of demand and implicit values of time depend to a large extent on the stochastic specification of the model.     

The effects of US shipping regulation on specific aspects of liner conference operation

This paper is the first of two articles by J. E. Davies which seek to explore the incongruities of the USA's current regulatory system. The second paper will cover the overall economic impact of the USA's insistence on open conferences in its trades, whilst the first concentrates on the effects of US regulation on specific aspects of the operation of linear conferences.     

Structural change in the Belgian port system, 1980-1986

Even if market shares of individual ports keep changing every year, structural change in a given port system is generally a slow process. To measure and explain it, tolls such as concentration and specialization indexes, both elementary and generalized, should be used in a temporal prospect.     

Changes in perceived travel cost and time for the work trip during a period of increasing gasoline costs

This study was designed to examine the relationship between actual and perceived values of cost and time for the work trip and to examine how perceptions have changed over a period of dramatically increased travel costs. Variations in the relationship between perceived and actual values were examined as a function of situational and attitudinal variables. Two telephone surveys were conducted one year apart (Fall 1978 and Fall 1979). On the next working day following a survey, a research assistant recreated the respondent's work trip, recorded time values and used distance measures, car type information and parking costs to compute travel cost. The first survey revealed that most auto users were unable to articulate dollars-and-cents driving costs for the work trip, but auto users in the second survey were able to provide fairly accurate cost estimates. Dramatic changes in fuel prices between surveys is probably the main reason for the change in driving cost awareness. Auto users were also asked to rate relative costs of driving a car compared to using the bus for the work trip. These ratings showed that auto users tended to underestimate driving costs relative to bus costs, but this tendency decreased from the first to the second time period. Commuters in all modal groups at both time periods tended to overestimate travel times. Perception of travel time varied as a function of mode, perceived comfort (for car users), and perceived convenience and number of transfers (for bus users).To whom correspondence should be addressed.     

A note on fare policy in personal rapid transit

The choice of fare policy is more flexible in personal rapid transit than in conventional transit and has some unique aspects. The implementation of fare policies as a function of distance are discussed, and, following a discussion of how the fare would be collected in a PRT system, consideration is given to whether the fare should be per person or per vehicle.     

The competitive environment of liner conferences

Although liner conferences are traditionally assumed to possess effective monopoly power, such a view ignores many important aspects of their competitive environment. This article examines some of these neglected competitive features and shows how they may decisively influence conference pricing strategies.

In the analysis of linear shipping, the notion that conferences are effective monopolists lies at the root of many of the grievances of the conference system. It has also become an integral part of the conventional wisdom of shipping economies, to such an extent that the monopoly power of conferences is virtually regarded as a matter of established fact rather than what it really is-namely a postulated assumption open to testing and refutation.

It is the purpose of this paper to explore the competitive conditions of the industry in which liner conferences operate and to try and establish the extent and limitations of their market power. This will involve an analysis of hte bariers to entry which conferences may be protected by, the manner in which the relevant industry should be defined, the possibility and consequences of new entry, and the response of conferences to their competitive environment.