Adopting Automated Vehicles And Creating Equitable Transport Markets

Amir Brudner | PhD candidate,

School of Business Administration The Hebrew University of Jerusalem.

30 Aug 2022, 14:00 PM, Room 206& via zoom

Abstract:
Automated vehicles (AV) provide opportunities to improve public transportation (PT) in low-density suburbs. However, AVs may adversely affect PT demand and service. In this research, we aim to maximize positive AV externalities such as under-served population mobility whilst minimizing negative externalities like congestion. We develop a stylized model connecting a suburb to a central business district and compare outcomes over multiple market structures. We assess monopolistic to competitive AV markets and AV-PT cooperation for a single representative period and peak / off-peak periods. We compare the market structure results to an optimal social welfare outcome and derive subsidies and congestion charges. The findings may aid policymakers in developing regulatory tools which generate positive transport equilibria outcomes.