Will autonomous vehicles change auto commuters’ value of travel time?

Haotian Zhong, Wei Li, Mark W. Burris, Alireza Talebpour, Kumares C. Sinha

Research output: Contribution to journalArticle

Abstract

This paper examines the potential impact of autonomous vehicles on commuters’ value of travel time (VOTT). In particular, we focus on the effect on auto commuters in small and medium-sized metropolitan areas, concerning the spatial variability across urban areas, suburbs, and rural areas. We design a stated choice experiment to elicit potential changes in 1,881 auto commuters’ valuation of travel time in autonomous vehicles and apply a mixed logit model to quantify the changes in the value of travel time if taking autonomous vehicles. The results of this study suggest that the effect of autonomous vehicles on the VOTT is spatially differentiated. We find that riding in a private autonomous vehicle reduces the commuting VOTT of suburban, urban, and rural drivers by 32%, 24%, and 18%, respectively, compared to 14%, 13%, and 8% for riding in a shared autonomous vehicle. Finally, we discuss the implications of these lower values of time on transportation and land use planning.

Original languageEnglish (US)
Article number102303
JournalTransportation Research Part D: Transport and Environment
Volume83
DOIs
StatePublished - Jun 2020
Externally publishedYes

Keywords

  • Autonomous vehicles
  • Mixed logit model
  • Stated choice experiment
  • Value of travel time

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Transportation
  • Environmental Science(all)

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