Available online at: http://www.demand.ac.uk/wp-content/uploads/2018/01/28-EC1-Circella-Alemi-2017.pdf
Transportation is changing at an unprecedented pace. The increased availability of locational data and smartphone applications, together with other information and communication technologies, are transforming transportation supply and demand in many ways. Among these technology-enabled options, modern shared-mobility services merge the advantages of mobile communications and instant reservations with the principles of the sharing economy. In doing so, they separate access to transportation services from the fixed costs of auto ownership and provide cheaper options compared to driving one’s own car for large groups of travelers (Davidson and Webber, 2017). These technology enabled services can affect travel behavior in multiple ways, such as by increasing the number of available options for a trip, reducing travel uncertainty, increasing the attractiveness of living in zero- /low-vehicle households, and potentially increasing the efficiency of the transportation system.
Keywords: Ridehailing, on-demand ride services, Uber, Lyft, public transit, shared mobility