Trading activity and market liquidity in tradable mobility credit schemes

The interest in tradable mobility credits (TMC) is growing steadily. Compared to existing instruments, its cap-and-trade design for the demand side ensures that a limited quantity, e.g., traffic and related emissions, can by design not be exceeded. However, most TMC schemes are market-based financial instruments that can only be successful,...

Adaptations in driver behaviour characteristics during control transitions from full-range Adaptive Cruise Control to manual driving: an on-road study

Adaptive Cruise Control (ACC) can reduce traffic congestion and accidents. In dense traffic flow conditions and when changing lanes, drivers prefer to deactivate the ACC. These control transitions between automation and manual driving could impact driver behaviour characteristics. However, few studies have analysed the magnitude and duration of...