Pushing towards shared mobility

Zakharenko, R. (2023) Pushing towards shared mobility. Journal of Urban Economics, 138, 103609. (doi: 10.1016/j.jue.2023.103609)

Abstract

This paper provides a theoretical argument for preferential treatment of shared vehicles (SV) over private ones by municipal parking authorities. When all parked vehicles are treated equally, multiple equilibria may exist: (i) a “private” one, in which travellers are hesitant to switch to SV because the latter are hard to find, and (ii) a “shared” equilibrium, in which travellers use shared mobility because the city is saturated with vacant SV. The latter equilibrium, if it exists, is shown to yield higher welfare. Municipal parking discounts for SV reduce the amount of investment required for a “big push” towards the shared equilibrium, or even make it the only equilibrium.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Zakharenko, Dr Roman
• Authors: Zakharenko, R.
• College/School: College of Social Sciences > Adam Smith Business School > Economics
• Journal Name: Journal of Urban Economics
• Publisher: Elsevier
• ISSN: 0094-1190
• ISSN (Online): 1095-9068
• Published Online: 07 November 2023
• Copyright Holders: Copyright © 2023 The Author
• First Published: First published in Journal of Urban Economics 138: 103609
• Publisher Policy: Reproduced under a Creative Commons License