The economics of automated public transport: Effects on operator cost, travel time, fare and subsidy

It is currently unknown in which city environments, automated vehicles could be deployed at reasonable speeds, given safety concerns. The authors analytically and numerically assess the impact of automation for optimal vehicle size, service frequency, fare, subsidy and degree of economies of scale, by developing a model that is applied for electric vehicles, with data from Chile and Germany, taken as illustrative examples of developed and developing countries. Automation scenarios include cases with partial driving cost savings and reduced running speed for automated vehicles. The authors find that a potential reduction in vehicle operating cost due to automation benefits operators, through a reduction of operator costs, and also benefits public transport users, through a reduction on waiting times and on the optimal fare per trip. The optimal subsidy per trip is also reduced. The benefits of vehicle automation are greater in countries where drivers’ salaries are larger.

• Record URL:
  https://doi.org/10.1016/j.ecotra.2019.100151
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S2212012219300802
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/22120122
• Supplemental Notes:
  • © 2019 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
• Authors:
  • Tirachini, Alejandro
  • Antoniou, Constantinos
• Publication Date: 2020-3

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; References; Tables;
• Serial:
  • Economics of Transportation
  • Volume: 21
  • Issue Number: 0
  • Publisher: Elsevier Science Publishers BV
  • ISSN: 2212-0122
  • Serial URL: http://www.sciencedirect.com/science/journal/22120122

Subject/Index Terms

• TRT Terms: Autonomous vehicles; Costs; Economic impacts; Electric vehicles; Fares; Public transit; Shared mobility; Subsidies; Transit operators; Travel time; Waiting time
• Geographic Terms: Chile; Germany
• Subject Areas: Economics; Operations and Traffic Management; Planning and Forecasting; Public Transportation; Vehicles and Equipment;

Filing Info

• Accession Number: 01737940
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 27 2020 9:08AM