Car accidents in the age of robots

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<title>Car accidents in the age of robots</title>
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<namePart>Chiara, Alessandro de</namePart>
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<abstract displayLabel="Summary">In this paper, the authors 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. They 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</abstract>
<note type="statement of responsibility">Alessandro De Chiara... [et al.]</note>
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<topic>Accidentes de tráfico</topic>
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<topic>Vehículos autónomos</topic>
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<topic>Vehículos de motor</topic>
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<topic>Seguro de automóviles</topic>
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<title>International Review of Law and Economics.- Oxford : Elsevier</title>
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<text>nº 68, September 2021</text>
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