This paper provides field evidence on how reference points adjust, a degree of freedom in
reference-dependence models. Examining this in the context of cabdrivers' daily labor …

This article analyses the dynamic spatial equilibrium of taxicabs and shows how common
taxi regulations lead to substantial inefficiencies as a result of search frictions and mis …

There is a growing movement worldwide to regulate transportation network companies
(TNCs) such as Uber and Lyft. This is driven by concerns over low driver wages. Two recent …

Transportation systems are the backbone of our modern economy. The ease of urban
mobility is crucial for the success of cities. The automobile, which revolutionized urban …

I use a dynamic discrete choice model with a latent variable to flexibly estimate
referencedependent utility models. The structure and evolution of the reference point are …