@inproceedings{d84896487e2d4b85b257c02270012e9a,
title = "A long term impact of ridesharing on private car ownership",
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.",
keywords = "Car ownership, Long term impact, Mode choice, Ridesharing",
author = "C. Bai and Wang, {X. L.} and W. Liu and H. Yang",
note = "Publisher Copyright: {\textcopyright} 2017 Hong Kong Society for Transportation Studies Limited. All rights reserved.; 22nd International Conference of Hong Kong Society for Transportation Studies: Transport and Society, HKSTS 2017 ; Conference date: 09-12-2017 Through 11-12-2017",
year = "2017",
month = dec,
language = "English",
series = "Transport and Society - Proceeding of the 22nd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2017",
publisher = "Hong Kong Society for Transportation Studies Limited",
pages = "354--361",
editor = "Anthony Chen and Sze, {Tony N.N.}",
booktitle = "Transport and Society - Proceeding of the 22nd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2017",
}
