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Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme

Received: 25 October 2016    Accepted: 13 February 2017    Published: 4 March 2017
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Abstract

The convenient taxi-hailing is a big issue for nearly all cities in China. Striving to ease the taxi-hailing difficulty" as the objective function, the "economic expenditure of the subsidies" as the budget constraints, a more ideal taxi subsidy program and its budget is obtained by solving the conditional extreme value function based on the Lagrange method. The subsidy schemes according to the per mileage subsidy to the taxi driver will be optimal choice in the peak hours/urban center and in the off-peak hours/ urban fringes. Whereas, the subsidy schemes will be the most effective in the off-peak hours/ urban center and in peak hours/urban fringes in the light of the fuel consumption subsidy to the taxi driver. A sensitivity analysis is made for the parameters of model to evaluate its key influencing factors on stability.

Published in American Journal of Traffic and Transportation Engineering (Volume 2, Issue 1)
DOI 10.11648/j.ajtte.20170201.11
Page(s) 1-5
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Budget, Taxi-Hailing Subsidy Scheme, Sensitivity Analysis

References
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[2] Lingzi Xu (2014). Analysis of the rise of the economic era of the taxi [J]. Guide To Business, (12), 80-82.
[3] Xuchao Li (2014). SWOT analysis of taxi soft-ware on a passenger behavior-taking “Didi Taxi” and “Fast Taxi” as examples [J]. Modern Industrial Economy and Informationization, (5), 84-87.
[4] Yong Gao (2015). Analysis of the influence of mobile phone taxi software on the operation of Beijing taxi [J]. Traffic & Transportation, (5), 38-40.
[5] Haiyang Lan, Gang Hu, Haiping Yuan (2014). Investigation and thinking about mobile phone taxi software [J]. New West, (7), 39-40.
[6] Sisi Liu, Ningyi Liu, Gui Zhao (2014). Economic analysis of operation mode of taxisoftware [J]. Gansu Finance, (6), 68-70.
[7] Lizhen Chen, Lishan Chen (2015). An empirical study on the effect of taxi subsidy in the Internet age [J]. Journal of Chifeng University (natural science edition), 31 (24), 109-112.
[8] Zaihong Fan (2016). Research on the influence of taxi software on taxi industry [J]. Science Guide, (2), 148-149.
[9] Litian Yu, Guojian Dai, Jiawen Chen, et al (2015). A game analysis of duopoly-“Kuaidi” and “Didi” in Hangzhou. Consumer Guide, (5), 2.
[10] Robert Cervero, Aaron Golub (2007). Informal transport: A global perspective. Transport Policy, 14, 445-457.
[11] Jiarui Xing, Shuxiao Wang, Zihao Zheng (2016). Research on the relationship between the software subsidy scheme ofataxi and the ease of hailing a taxi [C]. 2016 International Conference on Information Engineering andCommunications Technology, U.S.A., DEStech Publications, Inc, 214-219.
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  • APA Style

    Jiarui Xing, Shuxiao Wang, Zihao Zheng. (2017). Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme. American Journal of Traffic and Transportation Engineering, 2(1), 1-5. https://doi.org/10.11648/j.ajtte.20170201.11

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    ACS Style

    Jiarui Xing; Shuxiao Wang; Zihao Zheng. Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme. Am. J. Traffic Transp. Eng. 2017, 2(1), 1-5. doi: 10.11648/j.ajtte.20170201.11

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    AMA Style

    Jiarui Xing, Shuxiao Wang, Zihao Zheng. Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme. Am J Traffic Transp Eng. 2017;2(1):1-5. doi: 10.11648/j.ajtte.20170201.11

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  • @article{10.11648/j.ajtte.20170201.11,
      author = {Jiarui Xing and Shuxiao Wang and Zihao Zheng},
      title = {Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme},
      journal = {American Journal of Traffic and Transportation Engineering},
      volume = {2},
      number = {1},
      pages = {1-5},
      doi = {10.11648/j.ajtte.20170201.11},
      url = {https://doi.org/10.11648/j.ajtte.20170201.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtte.20170201.11},
      abstract = {The convenient taxi-hailing is a big issue for nearly all cities in China. Striving to ease the taxi-hailing difficulty" as the objective function, the "economic expenditure of the subsidies" as the budget constraints, a more ideal taxi subsidy program and its budget is obtained by solving the conditional extreme value function based on the Lagrange method. The subsidy schemes according to the per mileage subsidy to the taxi driver will be optimal choice in the peak hours/urban center and in the off-peak hours/ urban fringes. Whereas, the subsidy schemes will be the most effective in the off-peak hours/ urban center and in peak hours/urban fringes in the light of the fuel consumption subsidy to the taxi driver. A sensitivity analysis is made for the parameters of model to evaluate its key influencing factors on stability.},
     year = {2017}
    }
    

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  • TY  - JOUR
    T1  - Model Construction and Quantitative Analysis of Taxi-Hailing Subsidy Scheme
    AU  - Jiarui Xing
    AU  - Shuxiao Wang
    AU  - Zihao Zheng
    Y1  - 2017/03/04
    PY  - 2017
    N1  - https://doi.org/10.11648/j.ajtte.20170201.11
    DO  - 10.11648/j.ajtte.20170201.11
    T2  - American Journal of Traffic and Transportation Engineering
    JF  - American Journal of Traffic and Transportation Engineering
    JO  - American Journal of Traffic and Transportation Engineering
    SP  - 1
    EP  - 5
    PB  - Science Publishing Group
    SN  - 2578-8604
    UR  - https://doi.org/10.11648/j.ajtte.20170201.11
    AB  - The convenient taxi-hailing is a big issue for nearly all cities in China. Striving to ease the taxi-hailing difficulty" as the objective function, the "economic expenditure of the subsidies" as the budget constraints, a more ideal taxi subsidy program and its budget is obtained by solving the conditional extreme value function based on the Lagrange method. The subsidy schemes according to the per mileage subsidy to the taxi driver will be optimal choice in the peak hours/urban center and in the off-peak hours/ urban fringes. Whereas, the subsidy schemes will be the most effective in the off-peak hours/ urban center and in peak hours/urban fringes in the light of the fuel consumption subsidy to the taxi driver. A sensitivity analysis is made for the parameters of model to evaluate its key influencing factors on stability.
    VL  - 2
    IS  - 1
    ER  - 

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Author Information
  • School Information Science and Technology, Beijing Normal University, Beijing, China

  • School Mathematical Science, Beijing Normal University, Beijing Normal University, Beijing, China

  • School Mathematical Science, Beijing Normal University, Beijing Normal University, Beijing, China

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