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Pushing towards shared mobility

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  • Zakharenko, Roman

Abstract

This paper provides a theoretical argument for preferential treatment of shared vehicles (SV) over private ones by municipal parking authorities. When all parked vehicles are treated equally, multiple equilibria may exist: (i) a “private” one, in which travellers are hesitant to switch to SV because the latter are hard to find, and (ii) a “shared” equilibrium, in which travellers use shared mobility because the city is saturated with vacant SV. The latter equilibrium, if it exists, is shown to yield higher welfare. Municipal parking discounts for SV reduce the amount of investment required for a “big push” towards the shared equilibrium, or even make it the only equilibrium.

Suggested Citation

  • Zakharenko, Roman, 2023. "Pushing towards shared mobility," Journal of Urban Economics, Elsevier, vol. 138(C).
    • Handle: RePEc:eee:juecon:v:138:y:2023:i:c:s0094119023000797
    DOI: 10.1016/j.jue.2023.103609
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    More about this item

    Keywords

    Shared mobility; Parking policy; Multiple equilibria; Frictions of space; Repeated matching;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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