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dc.contributor.authorElvik, Rune
dc.date.accessioned2021-08-04T14:32:10Z
dc.date.available2021-08-04T14:32:10Z
dc.date.created2020-07-15T12:52:57Z
dc.date.issued2020-06-30
dc.identifier.citationEconomics of Transportation. 2020, 23 (September 2020), 1-11.en_US
dc.identifier.issn2212-0122
dc.identifier.urihttps://hdl.handle.net/11250/2766252
dc.description.abstractThis paper synthesises the findings of surveys of consumer willingness-to-pay for vehicle automation. Some studies report only mean or median estimates of willingness-to-pay for vehicle automation. Other studies provide data enabling demand functions to be derived. Six demand functions have been estimated and are compared. Maximum willingness-to-pay (around 25,000 to 40,000 US dollars) exceeds low estimates of the added costs of automated vehicles (around 10,000 US dollars). On average, close to 30% of respondents state zero willingness to pay more for an automated car than for a conventional car. Based on current knowledge, it is likely that a majority of consumers will initially find automated vehicles too expensive. However, the price of automated vehicles can be expected to fall as technology matures and vehicles are manufactured in larger numbers.en_US
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleThe demand for automated vehicles: A synthesis of willingness-to-pay surveysen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.rights.holder© 2020 The Author. Published by Elsevier Ltd.en_US
dc.source.articlenumber100179en_US
dc.description.versionpublishedVersionen_US
cristin.ispublishedtrue
cristin.fulltextpreprint
cristin.qualitycode1
dc.identifier.doi10.1016/j.ecotra.2020.100179
dc.identifier.cristin1819486
dc.source.journalEconomics of Transportationen_US
dc.source.volume23en_US
dc.source.issueSeptember 2020en_US
dc.source.pagenumber1-11en_US
dc.relation.projectEC/H2020/824361en_US


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