Mathematical study shows exactly how ride-sharing could cut the number of cars on the road

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We already know ride-sharing has the potential to drastically cut the number of the cars on the road. But it turns out that impact could be way more than anyone has previously estimated. 

A new study from researchers at Cornell University and the Massachusetts Institute of Technology found that shared rides — whether through Uber and Lyft or a traditional taxi — could fulfill demand with just 15 percent of the current taxi fleet in New York City. 

“Ride-sharing services are transforming urban mobility by providing timely and convenient transportation to anybody, anywhere and anytime. These services present enormous potential for positive societal impacts with respect to pollution, energy consumption, congestion, etc. Current mathematical models, however, do not fully address the potential of ride-sharing,” the study’s authors wrote.  Read more…

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Source: Mashable

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