If You Want to Reduce Traffic, Ridesharing Apps Hold Much Promise
— July 20, 2015
By Arun Sundararajan
Supply limits are effective in regulating taxis hailed from the street, but studies suggest they lead to deficiencies in availability when applied to dispatch services like those offered by Uber and Lyft.
Granted, the 25,000 or so new Uber and Lyft cars are on city roads for many hours each day. Their presence, along with New York's unexpectedly high population growth rates since 2010, is likely one of the many reasons for a decline in average Manhattan traffic speeds over the last four years.
Read full article as published in The New York Times
Arun Sundararajan is a Professor of Information, Operations and Management Sciences, NEC Faculty Fellow, and Doctoral Coordinator of IOMS-Information Systems.