The Economic Reasons for Price and Entry Regulation of Taxicabs: A Rejoinder | Synapse
February 28, 2026
The Economic Reasons for Price and Entry Regulation of Taxicabs: A Rejoinder
Key Points
To respond to comments on previous works discussing taxi regulation economics.
Review of prior articles and responses regarding taxi regulations.
Comparison of economic arguments presented by Williams.
Analysis of market impacts from regulatory frameworks.
Clarification of key economic theories related to taxicab regulation.
Elaboration on the necessity and implications of price and entry regulation.
Support for the argument that regulation can lead to improved market efficiency.
Abstract
Professor Shreiber, author of the article and later rejoinder published in this Journal in September 1975 and September 1977, replies to the comment by David J. Williams which appeared in January 1980.