Analysis of Performance Determinants in NYC Taxicab Industry
The project explores NYC Taxi and Limousine Commission data on yellow cab trips in 2013. The principal question is to what extent the locus of rent creation resides with individual drivers and/or taxi fleets and leasing agents. The study employs various regression techniques with multidimensional categorical variables to separate the effects via variance and higher moments decomposition. MSI resources are required to estimate the regressions with tens of thousands of dummy variables on the set of 170 million observations.
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