Abstract
Autonomous vehicles are expected to shift not only the driving paradigms but also the notion of vehicle ownership. Although autonomous vehicles are believed to introduce many safety, mobility, and environmental benefits, they will be initially priced relatively highly. This paper assesses the potential for circumventing this barrier by promoting a shared ownership program in which households form clusters that share the ownership and ridership of a set of autonomous vehicles. Such a program will increase the utilization rate of vehicles, making ownership of autonomous vehicles more economical. We study parameters that affect the benefits expected from autonomous vehicles, and introduce policy directions that can boost these benefits.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Transportation Research Part E: Logistics and Transportation Review
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.