Proceedings of the 1st International Symposium on Social Science (isss-15)

Supply-demand relationship of cabs

Authors
Juanjuan Hu
Corresponding Author
Juanjuan Hu
Available Online August 2015.
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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Volume Title
Proceedings of the 1st International Symposium on Social Science (isss-15)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2015
ISBN
978-94-62520-79-0
ISSN
2352-5398
DOI
10.2991/isss-15.2015.110How to use a DOI?
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/).

Cite this article

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  -