Market Design of Next Generation of Shared and Automated Transport Services

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This project aims to develop novel quantitative models and market design methods to fundamentally transform the analysis, control and regulation of shared and automated point-to-point transport services in multimodal networks. The project offers an innovative non-equilibrium approach that models multiple competitive transport platforms, travellers, freelancer drivers and transport legislator entity to ensure achieving social welfare. The project outcomes address the eventual transition towards automation where platforms own and utilise different proportions of AVs in their fleet. The project expects to generate new knowledge of transport science that can be used to lessen social, economic and environmental impacts of private car ownership.