2024-03-29T09:20:49Zhttps://riubu.ubu.es/oai/requestoai:riubu.ubu.es:10259/68962024-02-15T09:26:18Zcom_10259.4_104com_10259_2604col_10259_6848
Rangel, Thais
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Gonzalez, Juan Nicolas
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600
Gomez, Juan
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600
Vasallo, Jose Manuel
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Romero, Fernando
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600
2022-09-16T12:27:27Z
2022-09-16T12:27:27Z
2021-07
978-84-18465-12-3
http://hdl.handle.net/10259/6896
10.36443/10259/6896
Trabajo presentado en: R-Evolucionando el transporte, XIV Congreso de Ingeniería del Transporte (CIT 2021), realizado en modalidad online los días 6, 7 y 8 de julio de 2021, organizado por la Universidad de Burgos
Ride-hailing is an emerging service that is transforming door to door mobility in urban
areas. Users can easily request a ride through a smartphone app that informs them of the
pickup time, the location of the vehicle, and the fare that they will pay in advance. Even
though it is well know that Uber implements a dynamic pricing approach depending
mostly on supply, demand and competition with other services, there is still little empirical
evidence on the main drivers explaining the fare strategy of the company. Using 10-month
data from the Uber’s Application Programming Interface (API) in the city of Madrid, this
research studies the evolution and trends experienced by Uber fares in terms of several
explanatory variables. It also explores the main differences between Uber and taxi fares.
The results indicate that trip distance, day of the week, origin and destination of the trip,
and rain precipitation have a statistically significant impact on Uber fares. The findings
also show that on average, Uber fares are lower than taxi fares, with the exception of
particular hours of the day. The analysis also demonstrates that Uber fares slightly
decreased during taxi strikes.
The authors would like to thank the Comunidad de Madrid (CM), which has funded the project Y2018/EMT-4818 (Co-Mov/CM). The project has been also co-funded by the European FEDER and FSE funds.
application/pdf
eng
Universidad de Burgos. Servicio de Publicaciones e Imagen Institucional
R-Evolucionando el transporte
http://hdl.handle.net/10259/6490
https://doi.org/10.36443/9788418465123
info:eu-repo/grantAgreement/CAM//Y2018%2FEMT-4818
ITS, operación y gestión
VTC
ITS, operation and management
Transporte
Empresas-Gestión
Transportation
Industrial management
An empirical analysis of Uber fares: Evidence from Madrid
info:eu-repo/semantics/conferenceObject
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/openAccess
801
820
THUMBNAIL
Rangel_CIT2021_801-820.pdf.jpg
Rangel_CIT2021_801-820.pdf.jpg
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LICENSE
license.txt
license.txt
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Rangel_CIT2021_801-820.pdf
Rangel_CIT2021_801-820.pdf
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https://riubu.ubu.es/bitstream/10259/6896/1/Rangel_CIT2021_801-820.pdf
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10259/6896
oai:riubu.ubu.es:10259/6896
2024-02-15 10:26:18.094
Repositorio Institucional de la Universidad de Burgos
bubrep@ubu.es
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