IDEAS home Printed from https://ideas.repec.org/a/kap/transp/v50y2023i1d10.1007_s11116-021-10244-x.html
   My bibliography  Save this article

Utilization rate of the fleet: a novel performance metric for a novel shared mobility

Author

Listed:
  • Ana Belén Rodríguez González

    (Universidad Politécnica de Madrid)

  • Mark Richard Wilby

    (Universidad Politécnica de Madrid)

  • Juan José Vinagre Díaz

    (Universidad Politécnica de Madrid)

  • Rubén Fernández Pozo

    (Universidad Politécnica de Madrid)

  • Carmen Sánchez Ávila

    (Universidad Politécnica de Madrid)

Abstract

Car-sharing systems have irrupted in our cities following the shared mobility paradigm. They have evolved the personal mobility market from product-based into service-oriented, which ultimately provides a positive impact on the city’s sustainability. Car sharing systems are a complex interactive service, whose dynamics can dramatically affect its operational viability. In order to better asses this viability, we must rely on data to produce novel metrics that characterize both the user behavior and the service performance. Up to date, research has focused on modeling the demand on the basis of the number of rentals that start within a specific time slot. However, this approach seems unable to provide a representative metric of the performance of a car-sharing system. In this paper, we propose a novel metric, the utilization rate of the fleet, which considers the precise number of vehicles within a fleet that are in service every minute of the day. From this basic metric, we derive a key performance indicator (KPI) to reflect the viability of any car-sharing system in economic and sustainability terms. We have applied this new metric and KPI to a dataset with 449 days of car2go data, collected in 10 European cities.

Suggested Citation

  • Ana Belén Rodríguez González & Mark Richard Wilby & Juan José Vinagre Díaz & Rubén Fernández Pozo & Carmen Sánchez Ávila, 2023. "Utilization rate of the fleet: a novel performance metric for a novel shared mobility," Transportation, Springer, vol. 50(1), pages 285-301, February.
  • Handle: RePEc:kap:transp:v:50:y:2023:i:1:d:10.1007_s11116-021-10244-x
    DOI: 10.1007/s11116-021-10244-x
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11116-021-10244-x
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s11116-021-10244-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Perboli, Guido & Ferrero, Francesco & Musso, Stefano & Vesco, Andrea, 2018. "Business models and tariff simulation in car-sharing services," Transportation Research Part A: Policy and Practice, Elsevier, vol. 115(C), pages 32-48.
    2. Yap, M.D. & Nijënstein, S. & van Oort, N., 2018. "Improving predictions of public transport usage during disturbances based on smart card data," Transport Policy, Elsevier, vol. 61(C), pages 84-95.
    3. Shaheen, Susan & Cohen, Adam & Broader, Jacquelyn & Davis, Richard & Brown, Les & Neelakantan, Radha & Gopalakrishna, Deepak, 2020. "Mobility on Demand Planning and Implementation: Current Practices, Innovations, and Emerging Mobility Futures," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt3hc6m2vj, Institute of Transportation Studies, UC Berkeley.
    4. Norton, Seth W, 1992. "Transaction Costs, Telecommunications, and the Microeconomics of Macroeconomic Growth," Economic Development and Cultural Change, University of Chicago Press, vol. 41(1), pages 175-196, October.
    5. Fanchao Liao & Eric Molin & Harry Timmermans & Bert van Wee, 2020. "Carsharing: the impact of system characteristics on its potential to replace private car trips and reduce car ownership," Transportation, Springer, vol. 47(2), pages 935-970, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aguilera-García, Álvaro & Gomez, Juan & Antoniou, Constantinos & Vassallo, José Manuel, 2022. "Behavioral factors impacting adoption and frequency of use of carsharing: A tale of two European cities," Transport Policy, Elsevier, vol. 123(C), pages 55-72.
    2. Gabre-Madhin, Eleni Z., 2001. "Market institutions, transaction costs, and social capital in the Ethiopian grain market:," Research reports 124, International Food Policy Research Institute (IFPRI).
    3. Alessandro Avenali & Yuri Maria Chianese & Graziano Ciucciarelli & Giorgio Grani & Laura Palagi, 2019. "Profit optimization in one-way free float car sharing services: a user based relocation strategy relying on price differentiation and Urban Area Values," DIAG Technical Reports 2019-04, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".
    4. Pons-Prats, Jordi & Živojinović, Tanja & Kuljanin, Jovana, 2022. "On the understanding of the current status of urban air mobility development and its future prospects: Commuting in a flying vehicle as a new paradigm," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    5. Cohen, Adam & Shaheen, Susan, 2021. "Urban Air Mobility: Opportunities and Obstacles," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt0r23p1gm, Institute of Transportation Studies, UC Berkeley.
    6. Pradhan, Rudra P. & Arvin, Mak B. & Norman, Neville R., 2015. "The dynamics of information and communications technologies infrastructure, economic growth, and financial development: Evidence from Asian countries," Technology in Society, Elsevier, vol. 42(C), pages 135-149.
    7. Golalikhani, Masoud & Oliveira, Beatriz Brito & Carravilla, Maria Antónia & Oliveira, José Fernando & Antunes, António Pais, 2021. "Carsharing: A review of academic literature and business practices toward an integrated decision-support framework," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 149(C).
    8. Sarin, Ankur & Jain, Rekha, 2009. "Effect of Mobiles on Socio-economic Life of Urban Poor," IIMA Working Papers WP2009-02-05, Indian Institute of Management Ahmedabad, Research and Publication Department.
    9. Yap, Menno & Munizaga, Marcela, 2018. "Workshop 8 report: Big data in the digital age and how it can benefit public transport users," Research in Transportation Economics, Elsevier, vol. 69(C), pages 615-620.
    10. Sridhar, Kala Seetharan & Sridhar, Varadharajan, 2007. "Telecommunications Infrastructure And Economic Growth: Evidence From Developing Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(2), pages 37-56.
    11. McLean, Sheldon & Khadan, Jeetendra, 2015. "An assessment of the performance of CARICOM extraregional trade agreements: An initial scoping exercise," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 37612, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. Barth, Anne-Kathrin & Heimeshoff, Ulrich, 2014. "What is the magnitude of fixed–mobile call substitution? Empirical evidence from 16 European countries," Telecommunications Policy, Elsevier, vol. 38(8), pages 771-782.
    13. Lars-Hendrik Roller & Leonard Waverman, 2001. "Telecommunications Infrastructure and Economic Development: A Simultaneous Approach," American Economic Review, American Economic Association, vol. 91(4), pages 909-923, September.
    14. Katarzyna Turoń, 2022. "Multi-Criteria Decision Analysis during Selection of Vehicles for Car-Sharing Services—Regular Users’ Expectations," Energies, MDPI, vol. 15(19), pages 1-15, October.
    15. Johnson, Carrie Lu, 2014. "Analysis of Commodity Market Integration In the Uganda Maize Market," Master's Theses and Plan B Papers 196707, University of Minnesota, Department of Applied Economics.
    16. Jung, Juan, 2014. "Regional inequalities in the impact of broadband on productivity: Evidence from Brazil," MPRA Paper 56177, University Library of Munich, Germany.
    17. Joshua Auld & Hubert Ley & Omer Verbas & Nima Golshani & Josiane Bechara & Angela Fontes, 2020. "A stated-preference intercept survey of transit-rider response to service disruptions," Public Transport, Springer, vol. 12(3), pages 557-585, October.
    18. Chesoong Kim & Sergei Dudin & Olga Dudina, 2019. "Queueing Network with Moving Servers as a Model of Car Sharing Systems," Mathematics, MDPI, vol. 7(9), pages 1-17, September.
    19. Kim, Sung Hoo & Mokhtarian, Patricia L., 2023. "Finite mixture (or latent class) modeling in transportation: Trends, usage, potential, and future directions," Transportation Research Part B: Methodological, Elsevier, vol. 172(C), pages 134-173.
    20. Ward, Michael R. & Zheng, Shilin, 2016. "Mobile telecommunications service and economic growth: Evidence from China," Telecommunications Policy, Elsevier, vol. 40(2), pages 89-101.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:transp:v:50:y:2023:i:1:d:10.1007_s11116-021-10244-x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.