Word count: 1200 words 1. Give short summary of 5 papers on why it might

Word count:
1200 words
1.
Give
short summary of 5 papers on why it might be so hard to catch a taxi, focus
mainly on Camerer’s and Farber’s papers
2.
List
of reading:
a.
An
empirical analysis of taxi, Lyft and Uber rides: Evidence from weather shocks
in NYC, Brodeur and Nield (2018)
b.
Camerer’s
paper
c.
The
value of flexile work: Evidence from Uber drivers, Chen et al (2019)
d.
Reference
– dependent preferences and labour supply: the case of New York taxi drivers,
Farber (2008)
e.
New
York City Cab Drivers’ Labour Supply revisited: reference- dependent preferences
with rational expectations targets for hours and income, Crawford and Meng
(2011)
3.
Find
more papers to support your argument and the arguement should based on the lecture and papers provided
4.
Labour
supply:
a.
Income and substitution effects which dominate
b.
Reservation
wage