Highlights Experimental economics is used to study the impact of risk attitudes on choices in automated vehicles. Perception reaction time in automated vehicles is affected by age, experience and risk attitudes. Acceptability of automated vehicles is affected by risk attitudes and experience. Productivity in automated vehicles is affected by risk attitudes and experience.

    Abstract Autonomous Vehicles have captured the imagination of our society and have promised a future of safe and efficient mobility. However, there is a need to understand behaviour and its consequences in the use of autonomous vehicles. Using paradigms of behavioural and experimental economics, we show that risk attitudes play a role in acceptability of autonomous vehicles, productivity in autonomous vehicles and safety under risk of failures of autonomous systems. We found that risk attitudes and age have a significant impact on these. We believe these findings will help provide guidance to insurance agencies, licensing, vehicle design, and policies around automated vehicles.


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    Title :

    Risk of automated driving: Implications on safety acceptability and productivity


    Contributors:

    Published in:

    Publication date :

    2019-02-04


    Size :

    10 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




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