Riding Together: Eliciting Travelers' Preferences for Long-Distance Carpooling
Nicolas Astier,
Pierre-François Bouquet and
Xavier Lambin ()
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Pierre-François Bouquet: BlaBlaCar
Xavier Lambin: ESSEC Business School and THEMA (UMR 8184) - ESSEC Business School - THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université
Working Papers from HAL
Abstract:
Most seats in private cars are empty when drivers hit the road. Carpooling could thus represent a low-cost strategy to reduce carbon emissions in the transportation sector. Using revealed preference data from actual long-distance carpooling trips in France, we estimate passengers' preferences for the different characteristics of a ride. We find that passengers are highly price-elastic and value significantly the convenience of pick-up and drop-off locations. In contrast, their value of time once in the car is significantly lower than typical reference values. Finally, we discuss the effectiveness of a number of counterfactual policies aimed at promoting carpooling.
Keywords: Revealed preferences; Carpooling; Long-distance transportation; Value of time; Sharing economy (search for similar items in EconPapers)
Date: 2023
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Working Paper: Riding Together: Eliciting Travelers' Preferences for Long-Distance Carpooling (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-04465748
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