Tag: taxi


Anticipatory GPS Behavior Models and NYC Taxi Data

GPS is a wonderful technology and the New York City Taxi and Limousine
have been requiring mandatory GPS devices in taxis to track yellow cab
migration and “hot spots” during various points in the day.  In the
example below, the red hotspots are the best places for hailing a cab at
11pm on a Saturday.

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Medallions of Gold

If you want to run a taxi in New York City, it’s going to cost you $766,000.00USD to buy a medallion for the right to run that taxi.  That cost is up 126% from $339,000.00 in 2004.

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