ScienceDirect Available online at www.sciencedirect.com Transportation Research Procedia 41 (2019) 535–536 2352-1465  2019 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/) Peer-review under responsibility of the scientifc committee of the mobil.TUM18. 10.1016/j.trpro.2019.09.091 © 2019 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/) Peer-review under responsibility of the scientific committee of the mobil.TUM18. Keywords: autonomos vehicles, economics, real estate, urban policy, technology 1. Extended Abstract 1.1. Problem Statement With the rise of shared and networked vehicles, autonomous vehicles and other transportation technologies, there are both opportunities and challenges for harnessing these technological advances to reshape cities and improve the socio-economic health of cities. While autonomous vehicles are being developed to reduce collisions and improve mobility and access, little is being done to plan for the secondary effects of these vehicles, particularly the aspects of the built environment and urban economies (Riggs and Boswell 2016). Opportunities exist to reshape urban form, connect individuals to jobs, and change the way cities organize space and optimize trips (Fagnant and Kockelman 2014; Guerra 2015b). Some of the most promise from new transportation technology is not in the technology itself but in the ways the technology is implemented and utilized to impact cities — everything outside the vehicle. Policy has lagged. While there has been ample discussion over the anticipated pros and cons of this (Fagnant and Kockelman 2014), including some excellent documentation of the data science and machine learning side of the  Corresponding author. Tel.: +001-415-422-2090 E-mail address: wriggs@usfca.edu International Scientific Conference on Mobility and Transport Urban Mobility – Shaping the Future Together mobil.TUM 2018, 13-14 June 2018, Munich, Germany Driverless cars, transport innovation, and urban economics: the danger of policy localization William Riggs a  Shivani Shukla a a University of San Francisco, 2130 Fulton Street, San Francisco, CA 94117, United States