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In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...
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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...
Persistent link: https://www.econbiz.de/10010532595
In Europe, company cars are offered by employers as fringe benefits to their employees at a lower price than employees pay in the car market, mainly due to favourable taxation of company cars. We analyse the welfare effects of favourable taxation of company cars for the Netherlands. The...
Persistent link: https://www.econbiz.de/10011372964
The number of households with two or more cars is steadily increasing over time. The reason is that ownership of a single car imposes restrictions on car use when there are multiple license holders in a household. If such restrictions are severe, the benefits of multiple-car ownership may exceed...
Persistent link: https://www.econbiz.de/10011337399
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....
Persistent link: https://www.econbiz.de/10011327845
Once automatic vehicles are available, working from self-driving car (WFC) in the AV's mobile office will be a real option. It allows firms to socialize land costs for office space from the office lot to road infrastructure used by AV. Employees, in turn, can switch wasted commuting time into...
Persistent link: https://www.econbiz.de/10013162519
To alleviate air pollution and traffic congestion, cities around the world are beginning to implement automobile policies to restrict car use or car ownership. However, there is little empirical evidence on possible indirect impacts of these policies in connected markets. This paper investigates...
Persistent link: https://www.econbiz.de/10012906924
Autonomous cars allow safe driving with a smaller headway than that required for normal human-driven cars, thereby potentially improving road capacity. To attain this capacity benefit, cooperation among autonomous cars is vital. However, the future market may have multiple car brands and the...
Persistent link: https://www.econbiz.de/10012817163