A note on shared transportation for tourists with special reference to the Israeli sherut

✍ Scribed by Amitrajeet A. Batabyal

• Publisher: John Wiley and Sons
• Year: 2009
• Tongue: English
• Weight: 50 KB
• Volume: 11
• Category: Article
• ISSN: 1099-2340
• DOI: 10.1002/jtr.733

✦ Synopsis

Abstract

In this note, we provide answers to two hitherto unstudied questions in the literature concerning the provision of shared transportation to tourists. First, we ascertain the long run fraction of time that there is no sherut taxi at a designated taxi stand. Second, we determine the long run fraction of tourists who are lost to the sherut taxi providing firm because no taxis are available when arriving tourists want a taxi. Finally, we show that these two long run fractions are equal because the so called PASTA property holds in our model. Copyright © 2009 John Wiley & Sons, Ltd.