NineSquared is a specialist economic consulting and commercial advisory firm focused on helping governments and companies make great decisions and achieve your goals and objectives.
Our principals and staff are experienced, senior level practitioners who have worked in and advised government and private sector clients about a range of commercial and economic issues, primarily relating to transportation and resources sectors. Broadly, our expertise lies in the fields of transport and regulatory economics, policy development and analysis and advising on commercial arrangements between government and the private sector as well as arrangements between companies operating within regulated environments.
Our combined public and private sector experience means that we are well placed to provide our clients with deep understanding of both the public and private sectors and the interface between them.
Willingness to pay for driverless cars
Driverless cars represent a significant opportunity for the transport sector and society. Driverless cars have the potential to improve safety, reduce travel times and improve mobility. Attitudes toward driverless cars are increasingly important as governments around the world begin to develop their policies for the implementation of driverless cars. An area that has not been sufficiently addressed in the literature concerns the demand for driverless cars. The aim of this paper was to provide an explorative assessment of the probability of driverless car usage and the likely willingness to pay.