A Flat Fee Suffices: Taxi Phenomenon in Singapore

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The presentation slides on slideshare based on a talk I have given in BlinkBl-nk 20 on 20 June 2012 in Blu Jazz, Singapore.

The synopsis of the talk is as follows: Have you ever wondered why you are never able to get a taxi during certain times of the day in Singapore? Have you ever wondered why the taxi drivers are always complaining? Are the incentives really that bad for them? Gathering some anecdotal evidence coupled with economics and physics, I seek to analyze the cultural phenomenon of taxi cabs in Singapore. At the end, I present a solution based on free market and competition to how the problem might be solved.

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Bernard Leong

A Pragmatic Idealist