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News, Analysis & Perspective on Autonomous Vehicles

Are consumers willing to pay to let cars drive for them? Analyzing response to autonomous vehicles

Resources for the Future, February 1, 2017

In this paper we derive semiparametric estimates of the willingness to pay for automation. We use data from a nationwide online panel of 1,260 individuals who answered a vehicle-purchase discrete choice experiment focused on energy efficiency and autonomous features.

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