Economics and Finance

The Mobility on Demand (MOD) Sandbox Demonstration Program provides a venue through which integrated MOD concepts and solutions – supported through local partnerships – are demonstrated in real-world settings. For each of the 11 MOD Sandbox Demonstration projects, the MOD Sandbox Independent Evaluation includes an analysis of project impacts from performance measures provided by the project partners, as well as an assessment of the business models used. This report constitutes the Evaluation Plan for the Pinellas Suncoast Transit Authority (PSTA) Public-Private-Partnership for Paratransit...

Shared mobility-the shared use of a vehicle, motorcycle, scooter, bicycle, or other travel mode-provides users with short-term access to a transportation mode on an as-needed basis. Shared mobility includes various travel modes and service models that meet the diverse needs of users including: carsharing, bikesharing, transportation network companies (TNCs, also known as ridesourcing and ridehailing), and others. The following section, TravelModes, provides U.S. Department of Transportation, American Planning Association, and SAE International definitions of the most common shared mobility...

Most cars carry one person and are used for less than 1 hour per day. A more economically rational approach would be to use vehicles more intensively. Carsharing, in which a group of people pays a subscription plus a per-use fee, is one means of doing so. Carsharing may be organized through affinity groups, large employers, transit operators, neighborhood groups, or large carsharing businesses. Relative to car ownership, carsharing has the disadvantage of less convenient vehicle access but the advantages of a large range of vehicles, fewer ownership responsibilities, and less cost (if...

Ridesharing allows travelers to share a ride to a common destination and can include several forms (Shaheen & Cohen, 2019; Chan & Shaheen, 2011; SAE International, 2018). Ridesharing differs from for-hire vehicle services (i.e., transportation network companies (TNCs), ridesourcing, and ridehailing) in its financial motivation. When a ridesharing payment is collected, it partially covers the driver’s cost and is not intended to result in financial gain. Additionally, the driver has a common origin and/or destination with the passengers. In this toolkit, readers will find a summary...