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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 |