Car accidents in the age of robots

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      <subfield code="a">Car accidents in the age of robots</subfield>
      <subfield code="c">Alessandro De Chiara... [et al.]</subfield>
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      <subfield code="a">14 p.</subfield>
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      <subfield code="a">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</subfield>
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      <subfield code="t">International Review of Law and Economics.- Oxford : Elsevier</subfield>
      <subfield code="g">nº 68, September 2021</subfield>
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