De Chiara, AlessandroElizalde, IdoiaManna, EsterSegura-Moreiras, Adrian2021-10-192024-12-012021-12-010144-8188https://hdl.handle.net/2445/180663In 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.application/pdfengcc-by-nc-nd (c) Elsevier B.V., 2021https://creativecommons.org/licenses/by-nc-nd/4.0/AutomatitzacióConducció de vehicles de motorRobots autònomsAssegurances de responsabilitat civilInvestigació d'accidents de trànsitAutomationMotor vehicle drivingAutonomous robotsLiability insuranceTraffic accident investigationinfo:eu-repo/semantics/article7151432021-10-19info:eu-repo/semantics/openAccess