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Liability for Accidents between Road Users whose Activity Levels Are Verifiable

Bibliographic Data

ID24038455
AuthorsUrs Schweizer (0000-0003-4487-8889, corresponding author)
Year2024
Volume181
Issue3
Pages403-425
Publication date2024-01-01
Open AccessNo
TypeARTICLE
VenueJournal of Institutional and Theoretical Economics JITE (JOURNAL)
Journal identifiersISSN: 0932-4569 • E-ISSN: 1614-0559
PublisherMohr Siebeck (PUBLISHER)
DOI10.1628/jite-2024-0022
OpenAlexW4401369903
LanguageEN
Citations received1

A game-theoretic setting ofmultidirectional externalities is explored where losses arise from accidents between road users. Strategically acting agents include drivers as well as the manufacturers of their vehicles. The drivers' action choice is assumed verifiable, an assumption that would particularly easily be met in case of autonomous vehicles. The compensation principle serves to prove the efficiency of all rules that satisfy a certain compensation requirement. This principle remains valid for choice sets of any structure, including finite spaces that may better fit real cases. Calculus, in contrast, works only for settings of continuous choice.

Business · Computer security · Internet privacy · Liability · Verifiable secret sharing · Computer Science · Finance · Traffic and Road Safety

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Citations per year1
Citation span2025 - 2025 (1)
Highly citedNo

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