Personalised Public Transportation: A New Mobility Model for Urban and Suburban Transportation

Abstract

This paper explores a new vision for urban and suburban transportation, termed Personalised Public Transportation, which builds upon recent trends in vehicle sharing, electric vehicles, mobile payments and cloud computing. The goal is to build on the best of the worlds of private and public transportation. Private transportation offers ownership, comfort and convenience, but is higher cost, and subject to externalities (traffic jams, pollution, etc.). Public transportation is efficient, cheaper and has lower energy/carbon footprint, but has a last-mile problem (access) and low spatio-temporal coverage in suburbia. We envisage a future model of leasing public transportation via a service simi..