زمانیکه برای خروج از راننده تاکسی ببندید، وابستگی باریک و وابستگی مرجع است
|کد مقاله||سال انتشار||تعداد صفحات مقاله انگلیسی||ترجمه فارسی|
|142436||2017||49 صفحه PDF||سفارش دهید|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Journal of Economic Behavior & Organization, Volume 144, December 2017, Pages 166-187
Taxi drivers provide an ideal setting for testing various models of labor supply. Despite this, the literature studying driver behavior has produced mixed evidence of which labor supply model best applies to driver labor supply. Using a novel analysis and large datasets of taxi trips from two different cities, this paper provides a unifying analysis which reconciles previous inconsistencies in evidence for reference dependence in taxi drivers. By testing for a particular non-linear relationship between shift income and driversâ hazard of stopping, I identify behavior that is consistent with Prospect theoretic (S-shaped) reference dependence as opposed to the more extensively examined loss aversion model of reference dependence. This particular model of reference dependence in this setting allows me to estimate individual driver reference points without an explicit functional form or ex-ante assumptions about the existence of a reference point.