A Long Term Impact of Ridesharing on Private Car Ownership

Bai, C., Wang, X.L., Liu, W. and Yang, H. (2017) A Long Term Impact of Ridesharing on Private Car Ownership. In: 22nd International Conference of Hong Kong Society for Transportation Studies (HKSTS 2017), Hong Kong, China, 09-11 Dec 2017, pp. 354-361. ISBN 9789881581464

Abstract

The recent emergence of dynamic ridesharing apps boosts the popularity of ridesharing around the world. It is believed that a cheaper and easier ridesharing service would reduce the car ownership. However, as ridesharing reduces the cost of driving, it may induce car purchasing behaviors for those travelers who originally cannot afford the cost of car ownership. Therefore, it is possible that a ridesharing program may accelerate the increase of car ownership for a city. In this paper, assuming travelers' value of time increases with economic growth, we investigate the impacts of ridesharing on the change of travelers' car ownership in a long run. As shown by a numerical example, inappropriately designed cost sharing schemes may accelerate the increase of car ownership in the long run, so properties of driver-rider cost sharing strategies are examined based on the fixed matching probabilities.

• Item Type: Conference Proceedings
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Liu, Dr Wei
• Authors: Bai, C., Wang, X.L., Liu, W., and Yang, H.
• College/School: College of Science and Engineering > School of Engineering > Infrastructure and Environment
• ISBN: 9789881581464