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Our research suggests that travelers in western markets place a value on their work-related travel miles close to their hourly wage, and value their non-work-related travel miles at close to half their hourly wage. In low income countries and at $0.50 per mile, we assume another long tail of demand priced similarly to today’s ride-hail options. Tak... See more

Among the many challenges in a capitalist society, it’s hard to imagine a way to profit from a car-free future. Governments don’t profit from providing public transportation to citizens. It’s a service, a reflection of our commitment to the social good. Private transportation — cars — are a different animal: hundreds of industries profit from it, f... See more