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Open AccessJournal ArticleDOI

A stochastic prediction of minibus taxi driver behaviour in South Africa

TLDR
In this paper, the authors analyzed the minibus taxi industry in South Africa based on data from Rustenburg, a mid-sized city, to gain valuable insights into the working behaviour of minibus taxi drivers by taking an evidence-based and data-based approach.
Abstract
For many emerging and developing countries, urbanization and demographic changes require a remodelling of transportation systems and networks. Paratransit, with its demand responsive characteristics of being fully flexible, often represents the backbone of the transport sector while being an informal and, therefore, fairly unorganised system with little knowledge about working routines of its workers. As an example, this paper analyses the minibus taxi industry in South Africa based on data from Rustenburg, a mid-sized city, to gain valuable insights into the working behaviour of minibus taxi drivers by taking an evidence-based and data-based approach. Therefore, the principle of reference-dependent preferences is applied to the data to investigate the labour supply choice of taxi drivers, since sheer profit maximization has proven inadequate for the analysis here. Results indicate, that working hours for South African minibus taxi drivers are likely to be in the 10–12 h bracket with a revenue-dependent additional hour accounting for the revenue performance of that day. As a main finding however, South African minibus taxi drivers cannot clearly be attributed to either reference dependence or profit-maximization behaviour.

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Journal ArticleDOI

How do contract types and incentives influence driver behavior?−An analysis of the Kigali bus network

TL;DR: In this article, the authors examined the effect of two different compensation schemes on driver behavior in Kigali using survey data from 2019 and found that drivers who are compensated by performance are more likely to alter their behavior, responding to the incentive scheme through several channels.
Journal ArticleDOI

Optimierung von Minibustaxiverkehren in Südafrika unter Einbindung von Geoinformationssystemen

TL;DR: In this paper, a wichtiges Argument for Effizienzsteigerungen im Mobilitatssektor gegenuber dem Status quo auch politisch vorantreiben zu konnen.
References
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Book ChapterDOI

Prospect theory: an analysis of decision under risk

TL;DR: In this paper, the authors present a critique of expected utility theory as a descriptive model of decision making under risk, and develop an alternative model, called prospect theory, in which value is assigned to gains and losses rather than to final assets and in which probabilities are replaced by decision weights.
Journal ArticleDOI

Generalized Additive Models.

Journal ArticleDOI

Loss Aversion in Riskless Choice: A Reference-Dependent Model

TL;DR: In this article, the authors present a reference-dependent theory of consumer choice, which explains such effects by a deformation of indifference curves about the reference point, in which losses and disadvantages have greater impact on preferences than gains and advantages.
Journal ArticleDOI

Toward a positive theory of consumer choice

TL;DR: The economic theory of the consumer is a combination of positive and normative theories as discussed by the authors, which describes how consumers should choose, but it is also described how they do choose, and in certain well-defined situations many consumers act in a manner that is inconsistent with economic theory.
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