Speed Choice, Car Following Theory and Congestion Tolling

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Speed Choice, Car Following Theory and Congestion Tolling

This paper provides a link between car following theory and the economic theory of road congestion by means of a theory of speed choice. According to this theory speed choice is based on a trade-off between the benefits (shorter travel time) and cost (higher accident risk) of driving faster. Accident risk is related to the distance to the ‘leader’ and by elaborating this relationship a number o...

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Speed Choice , Car Following Theory and Congestion

This paper provides a link between car following theory and the economic theory of road congestion by means of a theory of speed choice. According to this theory speed choice is based on a trade-off between the benefits (shorter travel time) and cost (higher accident risk) of driving faster. Accident risk is related to the distance to the ‘leader’ and by elaborating this relationship a number o...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2003

ISSN: 1556-5068

DOI: 10.2139/ssrn.336460