A Balancing Act of Regulating On-Demand Ride Services

2020 ◽  
Vol 66 (7) ◽  
pp. 2975-2992 ◽  
Author(s):  
Jiayi Joey Yu ◽  
Christopher S. Tang ◽  
Zuo-Jun Max Shen ◽  
Xiqun Michael Chen
Keyword(s):  
Operations Management ◽  
Traffic Congestion ◽  
Business Models ◽  
Regulatory Policy ◽  
Dynamic Game ◽  
City Council ◽  
Chinese Government ◽  
On Demand ◽  
Taxi Industry ◽  
The Impact

Regulating on-demand ride-hailing services (e.g., Uber and DiDi) requires a balance of multiple competing objectives: encouraging innovative business models (e.g., DiDi), sustaining traditional industries (e.g., taxi), creating new jobs, and reducing traffic congestion. This study is motivated by a regulatory policy implemented by the Chinese government in 2017 and a similar policy approved by the New York City Council in 2018 that regulate the “maximum” number of registered Uber/DiDi drivers. We examine the impact of these policies on the welfare of different stakeholders (i.e., consumers, taxi drivers, on-demand ride service company, and independent drivers). By analyzing a two-period dynamic game that involves these stakeholders, we find that, without government intervention, the on-demand ride service platform can drive the traditional taxi industry out of the market under certain conditions. Relative to no regulations and a complete ban policy, a carefully designed regulatory policy can strike a better balance of multiple competing objectives. Finally, if a government can reform the taxi industry by adjusting the taxi fare, then lowering the taxi fare instead of imposing a strict policy toward on-demand ride services can improve the total social welfare. This paper was accepted by Serguei Netessine, operations management.

Heavy Lifters, India: Towards a Circular Economy Era

2021 ◽  
pp. 097226292110435
Author(s):  
Anupama Prashar
Keyword(s):  
Operations Management ◽  
Circular Economy ◽  
Business Models ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Planning And Control ◽  
Cost Of Ownership ◽  
Challenges And Opportunities ◽  
And Control ◽  
The Impact

The case helps students to understand the emerging concept of linear and circular economies. It facilitates to examine the implications of circular business models such as remanufacturing on operations management decisions. It also introduces them to the concept of total cost of ownership and impact of remanufacturing on reducing total cost of ownership. The cases help students to evaluate the challenges and opportunities of remanufacturing business in emerging economy like India. This case is among the first few cases on the application of circular economy principles in context of heavy-duty and off-road sector and the impact of these principles on product design and production planning and control decisions.

The Impact of Subsidies and Charging Facilities on Demand for Electric Vehicles in China

2017 ◽  
Vol 8 (2) ◽  
pp. 230-242 ◽  
Author(s):  
Shaohui Ma ◽  
Pingping Gao ◽  
Hui Tan
Keyword(s):  
Electric Vehicles ◽  
Internet Survey ◽  
Chinese Government ◽  
On Demand ◽  
Demographic Effect ◽  
Policy Interventions ◽  
Estimated Parameters ◽  
Electrical Vehicle ◽  
Using Data ◽  
The Impact

The Chinese government has announced a trial programme to provide for private purchase of new battery-operated electric vehicles (EVs) and for plug-in hybrids in five cities. We investigate the potential impact of these subsidies and charging facilities on demand for EVs, using data from a survey of potential car buyers in China. Building on the understanding of factors and incentives that would likely encourage households to adopt EVs would help to improve policy interventions. Data collection is based on experimental design and stated choice methods through an Internet survey. Choice alternatives include a conventional gasoline, a plug-in hybrid and a pure electrical vehicle. In addition to subsidy and charging facilities, we also investigate the impact of common vehicle attributes such as purchase price, cruising range, refuelling time and the socio-demographic effect. Applying a multinomial logit (MNL) model, we find that subsidies would significantly encourage households to choose a plug-in hybrid or an EV. Compared to pure EVs, people in China are more willing to accept plug-in hybrids at present. Compared to the price factors, charging facilities are less of a concern when households consider the adoption of an EV. Willingness-to-pay and market share simulation are computed based on the estimated parameters for further analysis.

scholarly journals The Impact of E-Hailing Competition on the Urban Taxi Ecosystem and Governance Strategy from a Rent-Seeking Perspective: The China E-Hailing Platform

2018 ◽  
Vol 4 (3) ◽  
pp. 35 ◽  
Author(s):  
Lei Ma ◽  
Tao Li ◽  
Jinxi Wu ◽  
Dandan Yan
Keyword(s):  
Venture Capital ◽  
Business Models ◽  
Theoretical Perspective ◽  
Rent Seeking ◽  
Rapid Expansion ◽  
Ecological Community ◽  
Market Strategy ◽  
Seeking Behavior ◽  
Taxi Industry ◽  
The Impact

Nowadays, the way of Internet travel in China presents diversified development. Rapid expansion in the personal mobile terminal and Internet infrastructure for the Internet travels to the ecosystem of development and evolution. This paper explores the influence of the expansion of the e-hailing ecological community on the urban taxi ecological community, and the problems of profit-seeking, rent-setting, and rent-seeking from the capital behind the e-hailing platform. With entrance into the urban travel ecosystem with ride-hailing platform enterprises and emerging business models, how does (venture) capital cause the change of the urban taxi ecology? Is it essentially the rent-setting and rent-seeking behavior of capital that obtains the market monopoly status of e-hailing? What are the difficulties for governments and the public in regulating rent-seeking in capital and emerging business models? The aim is to explore the new governing strategy of urban taxi ecology. The paper chooses the case of the DiDi e-hailing platform, and performs a study on the utility and indifference curves quantitatively, and constructs a rent-seeking liaison between platform’s entry into the market and the platform’s monopoly. In this paper, the ecological system of the taxi industry is first sorted out, and the community relationship between the traditional cruise taxi industry and the e-hailing industry, and their market supply and demand relationship are clarified. Secondly, from the main theoretical perspective of rent-seeking behavior, this paper analyzes the causes of the rent-setting rent-seeking behavior of e-hailing platform enterprises and the venture capital behind them, and the problems of public power supervision. As the red pack & subsidy market strategy changes the utility (indifference) curve of passengers, the consumption preference of passengers is more inclined to e-hailing. With the expansion of the e-hailing community, the e-hailing platform partly replaces the regulatory role of the government, and venture capital investors as rational-economic individuals, and its agency responsibilities and profit-seeking characteristics naturally form a contradictory pair. The introduction of competition is a means among market policies to break monopoly. Even so, commercial competitors are able to avoid laws or regulations by the means of commercial mergers or through the implementation of variable interest entities control. Governments should therefore seek to participate actively in the governance of such organizations.

scholarly journals Measuring Traffic Congestion Based on the Taxi Operations of Traditional and On-Demand Taxis in Yangon

2020 ◽  
Vol 15 (3) ◽  
pp. 451-460
Author(s):  
Moe Myint Mo ◽  
Kyaing ◽  
Ko Ko Lwin ◽  
Yoshihide Sekimoto ◽  
◽  
...  
Keyword(s):  
Traffic Congestion ◽  
Negative Impact ◽  
Temporal Variations ◽  
Transport Infrastructure ◽  
Positioning Systems ◽  
The Road ◽  
On Demand ◽  
Taxi Service ◽  
Pattern Information ◽  
The Impact

The current urbanization and motorization have caused a gradual negative impact on the existing transport infrastructure in Yangon City. Currently, the road network throughout Yangon operates at or above its desired capacity during the peak periods. At present, there are over 62,886 registered taxis operating in Yangon City. These taxis provide two different services to passengers: non-metered taxi (traditionally hailed on the street) service and metered taxi (on demand) service. Private cars and taxis constitute 70% of the modes of transport in Yangon City; this may lead to traffic congestion. However, there is lack of relevant data and taxi trip pattern information on how taxi service is related to traffic congestion. Therefore, studies on taxi surveying using Global Positioning Systems (GPS) need to be conducted, and investigations on the effect of taxi services on traffic congestion from these GPS data need to be performed. This study explores the comparison between hourly and daily trips’ frequencies as well as spatial and temporal variations of taxi trips between the two services. Field survey data collected through the GPS and Geographic Information System (GIS) were used to estimate the different taxi travel times that can be applied in predicting the occupied and vacant times in the study area. The specific objective of this research is to examine vacant taxi movement and stationary time (parking time and congestion time) of the two services to quantify the impact of taxi travel time on traffic congestion in Yangon. Moreover, by knowing how the two services vary in terms of operation, the main solution for reducing the congestion in Yangon City can be established. Further, the taxi stationary duration information is useful for knowing the taxi trip hotspot points in each township in Yangon. This may lead to support in defining proposed taxi stands in Yangon City.

IDEA FORUM: the impact of subscription-based video on demand on traditional distributors’ value chains and business models

2018 ◽  
Vol 31 (1-2) ◽  
pp. 50-67
Author(s):  
Michel Clement ◽  
Cord Otten ◽  
Rouven Seifert ◽  
Ole Kleinen ◽  
Mark B. Houston ◽  
...  
Keyword(s):  
Business Models ◽  
Video On Demand ◽  
Value Chains ◽  
On Demand ◽  
The Impact

Influence of social networks on business processes’ development

2020 ◽  
Vol 19 (12) ◽  
pp. 2225-2252
Author(s):  
E.V. Popov ◽  
V.L. Simonova ◽  
O.V. Komarova ◽  
S.S. Kaigorodova
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Business Models ◽  
Business Processes ◽  
Digital Economy ◽  
Theoretical Understanding ◽  
Sales Channels ◽  
A Value ◽  
The Impact

Subject. The emergence of new ways of interaction between sellers and buyers, the formation of new sales channels and product promotion based on the use of digital economy tools is at the heart of improving the business processes. Social networks became a tool for development; their rapid growth necessitates theoretical understanding and identification of potential application in enterprise's business process digitalization. Objectives. We explore the role of social media in the digitalization of business processes, systematize the impact of social networks on business processes of enterprises in the digital economy. Methods. The theoretical and methodological analysis of social networks as a tool for digitalization of company's business processes rests on the content analysis of domestic and foreign scientific studies, comparison, generalization and systematization. Results. We highlight the key effects of the impact of social networks on the business processes of the company; show that the digitalization of business processes should be considered in the context of a value-based approach, aimed at creating a value through the algorithmization of company operations. We determine that social networks are one of the most important tools for digitalization of company's business processes, as they have a high organizational and management potential. We also systematize the effects of social media on company's business processes. Conclusions. We present theoretical provisions of the impact of social networks on business processes of enterprises, which will enable to model and organize ideas about the development of digital ecosystems and the formation of business models.

The Supply-Demand Research of Cultural and Tourism Industries Policies in China with the Impact of COVID-19

2020 ◽  
Vol 11 (1) ◽  
pp. 24-24
Author(s):  
Dr. Jianfei Yang
Keyword(s):  
Tourism Industry ◽  
Chinese Government ◽  
Cultural Industries ◽  
Real Situation ◽  
The Real ◽  
The World ◽  
The Impact ◽  
Near Future ◽  
Post Period

COVID-19 has made a bad influence on economic and society including cultural and tourism industry in China，2020.The industry has received a huge loss in the first quarter of the year and the situation is getting worse in the near future. It is believed that there will be a long impact for the country even the world. In order to recover the industry, Chinese government has published series of policies to support the enterprises and clusters to reduce the bad influence of COVID-19. This paper mainly uses filed survey and documentary research to map the real situation of the industry. It tries to find the policy demand of the industries and then analyze the policies published by government to conquer COVID-19. Meanwhile it will focus on whether the supply meet the demand and give suggestions on how to promote the policy efficiency in the post period of COVID-19 in China. Keywords: Evaluation; Cultural Industries; Policy; Park; Pandemic

Examining the Impact and Influencing Channels of Emission Trading Pilot Markets in China

2020 ◽  
Vol 11 (1) ◽  
pp. 136-136
Author(s):  
Qiong Wu ◽  
Kanittha Tambunlertchai ◽  
Pongsa Pornchaiwiseskul
Keyword(s):  
Total Factor Productivity ◽  
Co2 Emission ◽  
Carbon Emission ◽  
Emission Trading ◽  
Chinese Government ◽  
Synergy Effect ◽  
Factor Productivity ◽  
Plan Period ◽  
Carbon Emission Trading ◽  
The Impact

The global warming has become a serious issue in the world since the 1980s. The targets for the first commitment period of the Kyoto Protocol cover emissions of the six main greenhouse gasses (GHGs). China is the world's largest CO2 emitter and coal consumer and was responsible for 27.3 percent of the global total CO2 emission and 50.6 percent of the global total coal consumption in 2016 (BP, 2017). As China plays an important role in the global climate change, China has set goals to improve its environmental efficiency and performance. In 2011, the Chinese government for the first time announced an intent to establish carbon emission trading market in China. Eight regional emission trading schemes have been operating since 2013 (seven pilot markets during the 12th Five Year Plan period and one pilot market during the 13th Five Year Plan period) including provinces of Guangdong, Hubei, and Fujian, and cities of Beijing, Tianjin, Shanghai, Shenzhen, and Chongqing. The goal of these regional emission trading pilot markets is to help the government establish an efficient carbon emission trading scheme at national level. Some researchers have been focused on examining the impact of emission trading schemes in China using CGE model by constructing different scenarios and ex-ante analysis using data prior to emission trading pilot markets implementation. While this paper tries to conduct an ex-post analysis with data of 2005-2017 to evaluate the impact of emission trading pilot markets in China at provincial level using difference-in-difference (DID) model. By including both CO2 and SO2 as undesirable outputs to calculate Malmquist-Luenberger (ML) Index to measure green total factor productivity, this paper plans to evaluate the impact of carbon emission trading pilot markets in China via emission reduction, regional green development, synergy effect and influencing channels. This paper tries to answer the following research questions: (1) Do emission trading pilot markets reduce CO2 emission and increase regional green total factor productivity? (2) Is there any synergy effect from emission trading pilot markets? (3) What are the influencing channels of emission trading pilot markets? Keywords: Emission trading, CO2 emissions, Different-in-difference

Hospital Informatization in China During the COVID-19 Pandemic: A Cross-Sectional Internet-Based Survey Study (Preprint)

2020 ◽  
Author(s):  
Ke Zeng ◽  
Weiguo Zhu ◽  
Caiyou Wang ◽  
Liyan Zhu
Keyword(s):  
Information Technology ◽  
Information Security ◽  
Medical Information ◽  
Survey Study ◽  
Chinese Government ◽  
Qr Code ◽  
Cross Sectional ◽  
Network Information ◽  
Tertiary Hospitals ◽  
The Impact

BACKGROUND The rapid spread of COVID-19 has created a severe challenge to China’s healthcare system. Hospitals across the country reacted quickly under the leadership of the Chinese government and implemented a range of informatization measures to effectively respond to the COVID-19. OBJECTIVE To understand the impact of the pandemic on the medical business of Chinese hospitals and the difficulties faced by hospital informatization construction. To discuss the application of hospital informatization measures during the COVID-19 pandemic. To summarize the practical experience of hospitals using information technology to fight the pandemic. METHODS Performing a cross-sectional on-line questionnaire survey in Chinese hospitals, of which the participants are invited including hospital information staff, hospital administrators, medical staff, etc. Statistical analyzing the collected data by using SPSS version 24. RESULTS A total of 804 valid questionnaires (88.45%) are collected in this study from 30 provinces in mainland China, of which 731 (90.92%) were filled out by hospital information staff. 473 (58.83%) hospitals are tertiary hospitals while the remaining 331 (41.17%) are secondary hospitals. The majority hospitals (82.46%) had a drop in their business volume during the pandemic and a more substantial drop is found in tertiary hospitals. 70.40% (n=566) of hospitals have upgraded or modified their information systems in response to the epidemic. The proportion of tertiary hospitals that upgraded or modified systems is significantly higher than that of secondary hospitals. Internet hospital consultation (70.52%), pre-check and triage (62.56%), telemedicine (60.32%), health QR code (57.71%), and telecommuting (50.87%) are the most used informatization anti-pandemic measures. There are obvious differences in the application of information measures between tertiary hospitals and secondary hospitals. Among these measures, most of them (41.17%) are aiming at serving patients and most of them (62.38%) are universal which continue to be used after pandemic. The informatization measures are mostly used to control the source of infection (48.19%), such as health QR Code, etc. During the pandemic, the main difficulties faced by the hospital information department are “information construction projects are hindered” (58.96%) and “increased difficulty in ensuring network information security” (58.58%). There are significant differences in this issue between tertiary hospitals and secondary hospitals. The shortcomings of hospital informatization that should be made up for are “shorten patient consultation time and optimize consultation process” (72.51%), “Ensure network information security” (72.14%) and “build internet hospital consultations platform” (59.95%). CONCLUSIONS A significant number of innovative medical information technology have been used and played a significant role in all phases of COVID-19 prevention and control in China. Since the COVID-19 brought many challenges and difficulties for informatization work, hospitals need to constantly improve their own information technology skills to respond to public health emergencies that arise at any moment.

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