Reference-Dependent Preferences and Labor Supply: The Case of New York City Taxi Drivers

By Henry S. Farber. 2008

330 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Gender Studies

View Paper: https://www.semanticscholar.org/paper/f3ad988c204535990a5480d8ccb2e9b01ee0bd33

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Citations in the corpus

Modeling the Psychology of Consumer and Firm Behavior with Behavioral Economics (2006, background): “Genesove and Mayer (2001) find lower loss-aversion among owners who invest in housing, compared to owners who live in their condominiums, and Weber and Camerer (1998) find that stockholders do not buy back losing stocks if they are automatically sold, in experiments.”
Why You Can't Find a Taxi in the Rain and Other Labor Supply Lessons from Cab Drivers (2015, background): “Coefficient of Precipitation (= 1 if rain in Central Park during hour).”
Behavioral economics. (2014, neutral): “(Farber, 2005) finds effects of targeting which are significant but small in magnitude. Conlin, O’Donoghue and Vogelsang (2005) estimate how often items ordered from mail-order catalogues are returned.”
Using Big Data to Estimate Consumer Surplus: The Case of Uber (2016, background): “12 More specific to the literature on taxis, there are a very rich set of papers that have attempted to understand the supply side of the taxi market (see Camerer et al., 1997; Farber, 2005, 2008, 2015; Crawford and Meng, 2011).”
Reference-Dependent Preferences: Evidence from Marathon Runners (2014, background): “…paper led to additional analyses that used different datasets and econometric methods to examine if taxi drivers indeed have reference-dependent preferences, with some arguing against (Farber, 2005, 2008) and some arguing in favor (Ashenfelter, Doran, and Schaller, 2010; Crawford and Meng, 2011).”
What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods (2013, background): “5 There is an interesting literature on the labor supply of (New York City) taxi drivers (see, e.g., Camerer et al., 1997; Farber, 2005, 2008; Crawford and Meng, 2011).”