TY - JOUR
T1 - Will autonomous vehicles change auto commuters’ value of travel time?
AU - Zhong, Haotian
AU - Li, Wei
AU - Burris, Mark W.
AU - Talebpour, Alireza
AU - Sinha, Kumares C.
N1 - Funding Information:
This paper is built on the first author's dissertation research conducted at Texas A&M University. The authors are grateful for the generous support from the Hagler Institute for Advanced Study and the Institute for Sustainable Communities at Texas A&M University . The authors also thank three anonymous reviewers for their constructive comments.
Funding Information:
This paper is built on the first author's dissertation research conducted at Texas A&M University. The authors are grateful for the generous support from the Hagler Institute for Advanced Study and the Institute for Sustainable Communities at Texas A&M University. The authors also thank three anonymous reviewers for their constructive comments.
Publisher Copyright:
© 2020
PY - 2020/6
Y1 - 2020/6
N2 - 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.
AB - 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.
KW - Autonomous vehicles
KW - Mixed logit model
KW - Stated choice experiment
KW - Value of travel time
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U2 - 10.1016/j.trd.2020.102303
DO - 10.1016/j.trd.2020.102303
M3 - Article
AN - SCOPUS:85083263538
SN - 1361-9209
VL - 83
JO - Transportation Research, Part D: Transport and Environment
JF - Transportation Research, Part D: Transport and Environment
M1 - 102303
ER -