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"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...
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This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time) and cost (higheraccident risk) of driving faster....
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