2. LITERATURE REVIEW There is substantial literature on experimental test of theory of Dutch auction for various resources distribution. Likewise with rising popularity of carpooling various research papers, articles and news have been published. This paper discuss about the carpooling by Dutch auction so we review a few papers on carpooling and Dutch auction. The vital elements that determine the riding behavior of the riders includes the travel time, cost, convenience, household characteristics and availability (Margolin and Misch, 1978; Duecker et.al., 1977; Horowitz and Sheth, 1978). Various surveys revealed that the carpoolers travel remarkably farther to work than people who drive alone. Carpooling is mostly common with workers having low wages or less accessibility to private cars. Several researches have shown that the carpooling is related to the ratio of autos to workers within the household. Carpooling is inferior as compared to driving alone as it consumes a lot of time to pick up and drop off the passengers or simply to wait to get picked up. An increment in the household income increases the value of time, thus making carpooling least likely to people having high wages. …show more content…
It states that formal carpooling came into existence in mid-1970s due to the oil crisis. Today people are not only facing fuel crisis but major problem of global warming caused by the CO2 emissions and running out of oil resources caused due by the rising number of use of vehicles. It mentioned that car pooling not only saves money on wear and tear of the auto but also saves money on gas, tolls and parking, oil resources and reduces all the harmful impacts on environment caused by driving. Carpooling can be taken as an effective means to reduce traffic congestion making rides faster and easier. It further discusses on how actually carpooling can be beneficial to people who find driving to work stressful as it alleviates frustration from travelling. Carpoolers can even find time for themselves such as preparing for meetings, pre-reading etc if not driving. Internet these days offers many online carpooling services which provide a better choice of people to share ride with and therefore greater time flexibility. Matching routes and time of departure and destination, gender preferences, passenger preferences are choices online carpooling services offers. Government too has started taking ventures to promote carpooling. Some governments have launched High Occupancy Vehicle (HOV) lanes where vehicles with more than two passengers are only allowed to
In the article “Confronting Inequality” by Paul Krugman it explains how and why large changes between wages of wealth and the problems between the social classes. America's middle class in today’s society are exceeding their limits in effort to give their children opportunities many middle class parents did not have themselves. Ways that many middle class parents are doing this is by buying homes that they can't afford; this is so their children will be able to attend a good school. Another reason why middle class parent are doing this so that their children can have more opportunities to one day slow the growing gap between the wealthy and the poor. Another reason that inequality between the classes is important Krugman believes is because
Matthew Delmont’s book challenges us to rethink the history of “busing,” Delmont intentionally places in quotation marks to show its importance . Before Brown v. Board of Ed in 1954, riding the bus was only for white children. School integration movement headed up North during the 60’s, and white people did not like this so they made the issue about busing. This allowed white people to stop school integration and use different terms to not sound racist or bigoted. Delmont examines how the media went along with this new racist idea.
Income inequality is still a problem in America, but there are ways to fight against it. Job disadvantages and food drives both prove that income inequality still exists in America. According
A vehicle made of shiny steel, rubber wheels, and a gas engine gives America its name and fame. The automobile symbolizes America’s legacy of freedom because it allows ease in job, home, and entertainment. To begin, the automobile broadens the options for the working class through a larger spectrum of places to settle and a larger salary for the average person. For the citizens of America owning a car means being able to arrive at work from wherever they may live, despite the circumstances. In “America’s Key to Freedom” Carol Domblewski states that” They had mobility any time they wanted, not just when a train schedule said they had it.”
When the High-Class is becoming richer the Middle-Class and Lower-class become poorer it creates social Inequality. Krugman also writes,” The fact is that vast inequality inevitability brings vast social inequality in its train.” 563. When economic tide favors the high-class it starts to tear gaps between the classes. Social inequality can make it hard for many Americans to strive or even live
In fact, 18% of the benefits would go to households with an annual income less than $20,000. Benefits of an incrementation disproportionately avail those working households at the bottom of the scale. Albeit households in the bottom 20% receive only 5% of national income. Benefits of the antecedent minimum wage increase peregrinated to these workers. A majority
(Card and Kreuger 1995, p. 593) This finding shows that the minimum wages fail to reduce poverty because many poor Americans do not work. Also, this increase would not be well targeted at low income households, and would only influence negligible effects on the income inequality. All these evidence suggest that the minimum wage increases do not reduce
The human population is on the rise around the world, Hawaii being no exception. Even though Hawaii is a small island, overpopulation was caused by many people who are militaries, tourists, and immigrants. Actually, in 2011 Hawaii’s population density was 214 people per square mile. Also, on Oahu, where the majority of Hawaii residents live, the population density was 1,468 people per square mile. Therefore, Hawaii ranked 13th population density in the U.S. Hawaii’s overpopulation problem leads to the cost of living is high, increasing homelessness and the traffic congestion.
Thomas Sowell, a respected economist and political philosopher asserts that most Americans already possess the basic necessities without the increase of the minimum wage bill. Sowell supports his argument by discussing about how “most Americans [live] below the government-set poverty line have a washer and/or a dryer, as well as a computer” (Sowell). Additionally, “most Americans living below the official poverty line also own a motor vehicle and have more living space than the average European” (Sowell). Therefore, this goes against with the notion of the minimum wage bill that is attempting to reduce poverty conditions in California, bearing in mind that most Californian’s today possess the basic necessities to sustain themselves. However, one should take into consideration is that Sowell’s analogy of American and European poverty conditions is based on an approximation.
1920’s Automobiles The 1920s were an important era for automobiles. Before the invention of cars, many people traveled by foot or by horse. A German invented the first automobile, an idea which soon made its way to the United States. Before the 1900s, automobiles were built with three wheels and could hold a maximum of two people.
There are people who work 40 hours a week and are still in poverty; this is a highly prominent issue. The uneven distribution of wealth, known as wealth inequality, is a problem that plagues not only America but also the world. With wealth inequality, there are two main issues and one solution to those issues. The problems are that the wealth in America is unevenly distributed and there people in America who work 40 hours a week and still have very little money. Wealth inequality is the root of all problems faced in America.
People find it easier to use their cars and avoid the physical activity to get to where they need to
Consequently, as these modern platforms are gaining popularity among commuters, taxi operators
The situation of the Uber drivers is under confusion. It is easy for the company to tell the drivers that this will be the future, but the occupation and the life of the Uber drivers’ matters a lot. Peak demand
Cars technology is not only used as a way of impacting our lives but also to provide a more safe and convenient environment for transportation and even as a way of making profits for various companies. In this paper, I argue that there has been various advancement in car technology and those technologies have impacted the society both positively and negatively. There has been a massive dependency on the fast advancing technology by the society as a way of making people’s lives and those of others comfortable. People are happy about the continued growth of the car technology and the use of these cars in carrying out our day to day activities such as means of transport to work, hospital, school or transportation of goods from various places to our destinations. With the continued advancement in the car technology, the urge to provide efficient, cheap and safer cars cannot be avoided.