NCST Webinar: Monetary and Non-Monetary Factors Influencing Travel Choices in an Automated, Shared, and Electric Vehicle Future

Event Date

The transportation system is undergoing three revolutions: vehicle automation, electrification, and shared mobility. How these revolutionary changes transpire will have significant implications for transportation sustainability. A key factor will be whether autonomous vehicles are deployed as shared cars that serve many travelers such as in ridesourcing or ridehailing fleets, or as privately-owned vehicles that could dramatically increase vehicle miles traveled and associated environmental impacts. The outcome will be shaped by the various monetary and non-monetary factors that influence individuals’ travel choices.

This webinar will outline a framework for considering the monetary and non-monetary costs of future travel choices and, using various values for these costs, estimate which travel choices might be most attractive in the future under different conditions. The findings can inform policies, such as setting incentives to encourage more pooled travel if that is a goal.