EconPapers    
Economics at your fingertips  
 

Identifying the Potential for Partial Integration of Private and Public Transportation

Iva Bojic, Dániel Kondor, Wei Tu, Ke Mai, Paolo Santi and Carlo Ratti
Additional contact information
Iva Bojic: Singapore-MIT Alliance for Research and Technology, Singapore 138602, Singapore
Dániel Kondor: Singapore-MIT Alliance for Research and Technology, Singapore 138602, Singapore
Wei Tu: Guangdong Key Laboratory of Urban Informatics, Department of Urban Informatics, School of Architecture and Urban Planning, Shenzhen University, Shenzhen 518000, China
Ke Mai: Guangdong Key Laboratory of Urban Informatics, Department of Urban Informatics, School of Architecture and Urban Planning, Shenzhen University, Shenzhen 518000, China
Paolo Santi: Senseable City Laboratory, Massachusetts Institute of Technology, Cambridge, MA 02139, USA
Carlo Ratti: Singapore-MIT Alliance for Research and Technology, Singapore 138602, Singapore

Sustainability, 2021, vol. 13, issue 6, 1-16

Abstract: In this paper, we explore the potential for a partial integration of private and public transportation as provided by taxi and bus services on the level of individual trips. While these modes are typically separated for economic reasons, in the future with shared Autonomous Vehicles (AVs) providing cheap and efficient transportation services, such distinctions will blur. Consequently, optimization based on real-time data will allow exploiting parallels in demand in a dynamic way, such as the proposed approach in the current work. New operational and pricing strategies will then need to be considered, along with regulatory tools to limit congestion, encourage sharing and provide services in a more sustainable way by utilizing a dynamic landscape of urban transportation. In the current work, we evaluate existing parallels between individual bus and taxi trips in two Asian cities and show how exploiting these synergies could form the basis of achieving some of the above goals in the future.

Keywords: travel time savings; bus passengers matching; dynamic ride-sharing; Autonomous Vehicles (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/13/6/3424/pdf (application/pdf)
https://www.mdpi.com/2071-1050/13/6/3424/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:6:p:3424-:d:520478

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:13:y:2021:i:6:p:3424-:d:520478