A Working Paper on the Regulatory Environment for Autonomous Vehicles

Charles Chieppo, Joseph M. Giglio
2022 Archives of Business Research  
Whether it be 5, 10 or 20 years from now, fully self-driving care, also known as autonomous vehicles, are coming in the not-too-distant future. Yet despite the fact that driverless robo-taxis are already operating in some jurisdictions, there are still no federal regulations to guide their deployment. Autonomous vehicles will have – in in some places are already having – dramatic impacts on consumer mobility habits, the transportation and technology industries, and the economy as a whole. Yet
more » ... spite the major disruption they represent, there are no national regulations guiding autonomous vehicle development. Instead, it is a state-by-state patchwork of regulations that guide the industry. The lack of standardization a uniform national regulatory framework would delay the development of autonomous vehicles and make it impossible for developers to achieve the the economies of scale standardization would bring – economies of scale that are critical for this new technology to be economically viable.
doi:10.14738/abr.108.12815 fatcat:cpncj6c52bg3tcwdh4nd63pqfa