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dc.contributor.author De Chiara, Alessandro
dc.contributor.author Elizalde Salazar, Idoia
dc.contributor.author Manna, Ester
dc.contributor.author Segura Moreiras, Adrián
dc.date.accessioned 2022-12-20T07:06:19Z
dc.date.available 2022-12-20T07:06:19Z
dc.date.issued 2021
dc.identifier.citation De Chiara A, Elizalde I, Manna E, Segura-Moreiras A. Car accidents in the age of robots. International Review of Law and Economics. 2021 Dec;68:106022. DOI: 10.1016/j.irle.2021.106022
dc.identifier.issn 0144-8188
dc.identifier.uri http://hdl.handle.net/10230/55191
dc.description.abstract In this paper, we compare liability rules in a world where human-driven and fully-autonomous cars coexist. We develop a model where a manufacturer can invest to improve the safety of autonomous cars. Human drivers may decide to purchase a fully-autonomous car to save precaution costs to avoid road accidents and shift liability to the car manufacturer. As compared to the negligence rule, a strict liability regime on both human drivers and car manufacturers is proved to be a superior policy. In particular, strict liability leads to more efficient R&D investments to enhance the benefits of the technology and favors the adoption of fully-autonomous cars. We also recommend that users of fully-autonomous cars make a technology-dependent payment to a third-party if there is an accident to discipline their activity levels.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.relation.ispartof International Review of Law and Economics. 2021 Dec;68:106022
dc.rights © 2021 The Authors. Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
dc.rights.uri http://creativecommons.org/licenses/by/4.0/
dc.title Car accidents in the age of robots
dc.type info:eu-repo/semantics/article
dc.identifier.doi http://dx.doi.org/10.1016/j.irle.2021.106022
dc.subject.keyword Autonomous vehicles
dc.subject.keyword Investment problem
dc.subject.keyword Liability rules
dc.subject.keyword Torts
dc.rights.accessRights info:eu-repo/semantics/openAccess
dc.type.version info:eu-repo/semantics/publishedVersion

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