Some taxi companies in Lebanon exclusively use drivers employed by them, while others enter into contracts with

Question:

Some taxi companies in Lebanon exclusively use drivers employed by them, while others enter into contracts with independent drivers to cater to their clients. What could be the reasons behind these decisions? What incentive problems might arise for the taxi companies that enter into contracts with independent drivers?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

Question Posted: