Autonomous driving and residential location preferences: Evidence from a stated choice survey
Abstract
Literature suggests that value of time (VOT) may decrease due to advent of AVs. Reduction in VOT may impact households' residential location choices. This expectation was tested empirically using stated choice methods. Empirical results do not suggest drastic changes in VOT due to AVs.
- Publication:
-
Transportation Research Part C: Emerging Technologies
- Pub Date:
- November 2019
- DOI:
- 10.1016/j.trc.2019.09.018
- arXiv:
- arXiv:1905.11486
- Bibcode:
- 2019TRPC..108..255K
- Keywords:
-
- Connected and autonomous vehicles;
- Residential location choice;
- Value of time;
- Stated choice;
- Mixed logit;
- Economics - General Economics
- E-Print:
- Transportation Research Part C: Emerging Technologies, Volume 108, November 2019, Pages 255-268