Chapter
Apr 26, 2012

Modeling Incentive Mechanism of Taxi Drivers with the Employment Relationship

Publication: International Conference on Transportation Engineering 2009

Abstract

Taxi is one of essential parts of public passenger transportation. Traditional operation and management mechanism may lead to conflicts, even strikes, among the government, taxi companies, drivers and passengers. In this paper, a new kind of incentive mechanism on the emolument of drivers is designed with the principal-agent theory. The paper consists of the following sections: (1) Operational mode of taxi companies is analyzed (2) Emolument patterns are discussed with employing mode (3) Emolument incentive model is formulated under asymmetric information situation.

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Go to International Conference on Transportation Engineering 2009
International Conference on Transportation Engineering 2009
Pages: 4216 - 4221

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Published online: Apr 26, 2012

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Yangsheng Jiang [email protected]
School of Traffic and Transportation, Southwest Jiaotong University, Chengdu City, Sichuan Province, 610031. E-mail: [email protected]
Yaoxia Liu
School of Traffic and Transportation, Southwest Jiaotong University, Chengdu City, Sichuan Province, 610031
School of Economics and Management, Southwest Jiaotong University, Chengdu City, Sichuan Province, 610031. E-mail: [email protected]

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