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Autonomous Vehicles - The Road to Economic Growth? (Paperback)
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Autonomous Vehicles - The Road to Economic Growth? (Paperback)
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Better public policies can make the road smoother for self-driving
vehicles and the society that soon will depend on them.Whether you
find the idea of autonomous vehicles to be exciting or frightening,
the truth is that they will soon become a significant everyday
presence on streets and highways not just a novel experiment
attracting attention or giggles and sparking fears of runaway
self-driving cars. The emergence of these vehicles represents a
watershed moment in the history of transportation. If properly
encouraged, this innovation promises not only to vastly improve
road travel and generate huge benefits to travelers and businesses,
but to also benefit the entire economy by reducing congestion and
virtually eliminating vehicle accidents. The impacts of autonomous
vehicles on land use, employment, and public finance are likely to
be mixed. But widely assumed negative effects are generally
overstated because they ignore plausible adjustments by the public
and policymakers that could ameliorate them. This book by two
transportation experts argues that policy analysts can play an
important and constructive role in identifying and analyzing
important policy issues and necessary steps to ease the advent of
autonomous vehicles. Among the actions that governments must take
are creating a framework for vehicle testing, making appropriate
investments in the technology of highway networks to facilitate
communication involving autonomous vehicles, and reforming pricing
and investment policies to enable operation of autonomous vehicles
to be safe and efficient. The authors argue that policymakers at
all levels of government must address these and other issues sooner
rather than later. Prompt and effective actions outlined in this
book are necessary to ensure that autonomous vehicles will be safe
and efficient when the public begins to adopt them as replacements
for current vehicles.
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