Hailing Profits: How Ridesharing Impacts Taxi Companies with Sutirtha Bagchi, PhD

It’s never been easier to catch a ride. Companies like Uber and Lyft have filled the gaps left by taxi services and mass transit, attracting customers with a streamlined user experience. But how have ridesharing companies affected the revenue of taxi drivers and the valuation of taxi medallions, or licenses? In this episode of Inspiring Minds, Ian MacPherson ‘20 VSB talks with Sutirtha Bagchi, PhD, Assistant Professor, Economics about the economic effects of ridesharing companies on infrastructure, regulations and the long-term viability of taxi services.