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Carpooling and the Economics of Self-Driving Cars / Michael Ostrovsky, Michael Schwarz.
- Format:
- Book
- Author/Creator:
- Ostrovsky, Michael.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24349.
- NBER working paper series no. w24349
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- We study the interplay between autonomous transportation, carpooling, and road pricing. We discuss how improvements in these technologies, and interactions among them, will affect transportation markets. Our main results show how to achieve socially efficient outcomes in such markets, taking into account the costs of driving, road capacity, and commuter preferences. An important component of the efficient outcome is the socially optimal matching of carpooling riders. Our approach shows how to set road prices and how to share the costs of driving and tolls among carpooling riders in a way that implements the efficient outcome.
- Notes:
- Print version record
- February 2018.
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