The tandem bicycle or twin is a form of bicycle (occasionally a tricycle) designed to be ridden by more than one person. The term tandem refers to the seating arrangement (fore to aft, not side by side), not the number of riders. Patents related to tandem bicycles date from the late 1890s. Tandems can reach higher speeds than the same riders on single bicycles, and tandem bicycle racing exists. As with bicycles for single riders, there are many variations that have been developed over the years.

Compared to a conventional bicycle, a tandem has double the pedalling power, without necessarily doubling the speed, and with only slightly more frictional loss in the drivetrain. It has about the same wind resistance as a conventional bicycle. High-performance tandems may weigh less than twice as much as a single bike, so the power-to-weight ratio may be slightly better than that of a single bike and rider. On flat terrain and downhill, most of the power produced by cyclists is used to overcome wind resistance, so tandems can reach higher speeds than the same riders on single bicycles. They are not necessarily slower on climbs, but are perceived as such, in part due to the need for a high level of coordination between the riders, especially if the physical abilities of the two riders are very different, requiring a compromise on cadence.

More Info: en.wikipedia.org