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This paper proposes a model of the ridesourcing market in presence of traffic congestion and with the provision of both solo and pooling services. Our analysis of the first-best solution shows that, under a highly congested scenario, the ridesourcing platform may enjoy non-negative profits....
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The entry of transportation network companies like Uber and Lyft in the ride-hailing market has generated concerns that they unfairly compete against traditional street-hail services. However, regulatory action seeking to address this issue has either been lacking or has resulted in the...
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The current approach to driving automation has been primarily vehicle-centric. However, a vehicle-infrastructure cooperative approach, in which infrastructure and vehicles cooperate to perform the different driving tasks, may prevail in enabling automated driving. This paper conducts an economic...
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