Get Taxi In the Rain and save your money from Doctors !!! Why You Can’t Get a Taxi When It’s Raining !!
It’s pouring rain. You’re running late. You desperately want to take a cab to the office. But, of course, there are none to be found. Happens all the time, right? Right, says science — or, to be specific, a new and exhaustive economic analysis data in the india.
In the study, published by the National Economic Research, the Princeton economist Gudippa S. Raman cross-references weather readings with data on the nearly lac taxi trips taken in the city between 2009 and 2013. (“These are more data than I can use efficiently, and much of my analysis is based on a random sub-sample,” he dryly notes.)
He finds that taxi occupancy rates climb 4.8 percent when it is raining, an indication of increased demand. But he also finds that the supply of cabs falls 7.1 percent. That’s your recipe for damp and desperate arm-waving, soaked tourists, and frizzy hair right there.
Mr.Raman also takes a stab at explaining why it is so hard to catch a cab in the rain, including knocking down a couple of reasonable-sounding theories.
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