Oliver Brown recently completed a Master’s in Environmental and Resource Economics, with a focus on the sharing economy, at the Australian National University. Prior to this, he worked as an IT consultant at KPMG, advising private and public sector clients across a range of industries.

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In most industrialized countries, households depend on personal vehicles for getting around. In the US, for example, there are two cars for every household.1 Society pays a high price for this inefficient system of transport in the form of pollution, congestion, and other societal costs. But in cities that are densely populated, where …

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