Carpooling and the Economics of Self-Driving Cars

on YouTube ↗53m

" summary

Argues that combining frictionless time-dependent tolls (GPS/license-plate systems like Singapore’s 2020 rollout) with practical carpooling matching produces large welfare gains: with a simple Vickrey bottleneck example (capacity 60, demand 120) tolls alone can eliminate congestion but are politically unpopular, while modest tolls (~Delta/2) plus two-person carpools induce universal carpooling and the efficient outcome. Presents a model with trips, segment capacities, rider prices P and regulator tolls R; any feasible, stable, budget-balanced, market-clearing outcome maximizes social surplus, and a divisible approximation guarantees existence.

AI-written summary · about

" chapters (12)

1. 0:00Intro
2. 7:50Carpooling
3. 10:00Selfdriving cars
4. 12:10Autonomous transportation and carpooling
5. 21:40Carpooling and road pricing
6. 28:30Inefficiencies
7. 35:30Model
8. 39:10Valuation
9. 41:47Outcome
10. 43:48Main Result
11. 44:40Problem
12. 46:03Question

" related talks

• 01h 38mRidesharingSid Banerjee · Real-Time Decision Making Boot Camp, Spring 2018
• 33mThe Rideshare Dispatch Problem (Aka Online Bipartite Matching with Supply Externalities)Sid Banerjee · Societal Networks 2018
• 41mDynamic Pricing in Ride-Sharing PlatformsRamesh Johari · Algorithmic Game Theory and Practice 2015
• 01h 08mUnderstanding and Shaping Urban Mobility Using Dollars and Data IBalaji Prabhakar · Real-Time Decision Making Boot Camp, Spring 2018
• 01h 03mUnderstanding and Shaping Urban Mobility Using Dollars and Data IIBalaji Prabhakar · Real-Time Decision Making Boot Camp, Spring 2018
• 44mComputational Complexity of Matching in Ride SharingAmin Saberi · Platform Markets 2019
• 43mRebalancing in Bike-Sharing Systems – Incentives and Other StoriesDavid Shmoys · Real-Time Decision Making 2018
• 44mFacilitating the Search for Partners on Matching PlatformsYash Kanoria · Platform Markets 2019