TY  - JOUR
PY  - 2022//
TI  - Will all autonomous cars cooperate? Brands' strategic interactions under dynamic congestion
JO  - Transportation research part E: logistics and transportation review
A1  - Yu, Xiaojuan
A1  - van den Berg, Vincent A. C.
A1  - Verhoef, Erik T.
A1  - Li, Zhi-Chun
SP  - e102825
EP  - e102825
VL  - 166
IS  - 
N2  - 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 incentive for them to cooperate is unknown. This paper investigates the competition and cooperation between multiple car brands that, may provide both autonomous and normal vehicles. We develop a two-stage game-theoretic model to investigate brands' strategic interactions and evaluate, from both policy and organizational perspectives, the implications of their cooperation incentives and pricing competition. We compare four market structures: duopoly competition, perfect competition, a public welfare-maximizing monopoly, and a private profit-maximizing monopoly. Various parameters are evaluated, including factors such as the capacity benefits from cooperation, cooperation cost and price elasticity. This evaluation provides policy insights into actions that could be considered by regulators and organizations for the operation of autonomous cars.<p />  <p>Language: en</p>
LA  - en
SN  - 1366-5545
UR  - http://dx.doi.org/10.1016/j.tre.2022.102825
ID  - ref1
ER  -