The Monetary and Non-Monetary Factors Influencing Travel Choices in an Automated, Shared, and Electric Vehicle Future [Policy Brief]
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2021-05-01
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Edition:Policy Brief
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Abstract:UC Davis researchers have developed a cost model of travel choices that individuals make related to urban vehicle travel. These choices can include deciding to own, ride in, and drive a private vehicle or use pooled or solo ridesourcing (e.g., Uber). The model considers both monetary and non-monetary factors that affect travel choice. Monetary factors include the costs of purchasing, maintaining, and fueling different types of privately owned vehicles; and the cost of using ridesourcing services.
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