Taxis here don't drive around without fares generally. [Private] Cars often park on the street too. Cars are most often used for 2-4 journeys per day making the cost of resources per day quite large - taxis are used for ... well I don't know the statistics but a lot more than 4 journeys in a day and they do far more people miles.
So, just looking at street space, if instead of parking my car on a road all day a taxi occupies that space occasionally whilst also doing far more people miles ... the taxi gets more efficient use of space and the resources locked up in the vehicle get more people-miles per unit time.
Of course private cars park in lots too, as do taxis here. Private cars don't often do one way trips in a way that is possible to get a proximal one-way journey in the other direction.
Thanks for the link - I've only read the summary but it doesn't say what the $500million of lost time is compared against? If instead of doing those journeys by taxi everyone walks will they really save enough time to create $500million of benefit? Or, will it just be $500million benefit to the richer folks (their delivery will cost 5¢ less or whatever) vs. $5 work time lost to a poorer person who relies on public transport [blind, hand-wavy, analysis!!].
Taxis here don't drive around without fares generally. [Private] Cars often park on the street too. Cars are most often used for 2-4 journeys per day making the cost of resources per day quite large - taxis are used for ... well I don't know the statistics but a lot more than 4 journeys in a day and they do far more people miles.
So, just looking at street space, if instead of parking my car on a road all day a taxi occupies that space occasionally whilst also doing far more people miles ... the taxi gets more efficient use of space and the resources locked up in the vehicle get more people-miles per unit time.
Of course private cars park in lots too, as do taxis here. Private cars don't often do one way trips in a way that is possible to get a proximal one-way journey in the other direction.
Thanks for the link - I've only read the summary but it doesn't say what the $500million of lost time is compared against? If instead of doing those journeys by taxi everyone walks will they really save enough time to create $500million of benefit? Or, will it just be $500million benefit to the richer folks (their delivery will cost 5¢ less or whatever) vs. $5 work time lost to a poorer person who relies on public transport [blind, hand-wavy, analysis!!].