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Table 2 Selected costs and probabilities used in the Markov microsimulation model

From: Autonomous vehicles are cost-effective when used as taxis

 

Low Value

Base Value

High Value

Selected Costs ($)a

 Property Damage Only Crash (Blincoe et al. 2015)

2976

4251

5526

 Minor Injury Crash (Blincoe et al. 2015)

3129

12,282

61,352

 Severe Injury Crash (Blincoe et al. 2015)

200,241

274,553

1,101,865

 Fatal Crash (Blincoe et al. 2015)

1,072,412

1,532,018

1,991,623

 Property Damage Only Crash AV (Blincoe et al. 2015; Greenblatt and Saxena 2015; Vallet 2016)

3123

4461

5799

 Minor Injury Crash AV (Blincoe et al. 2015; Greenblatt and Saxena 2015; Vallet 2016)

3864

13,332

62,717

 Severe Injury Crash AV (Blincoe et al. 2015; Greenblatt and Saxena 2015; Vallet 2016)

214,206

294,503

1,127,800

 Fatal Crash AV (Blincoe et al. 2015; Greenblatt and Saxena 2015; Vallet 2016)

1,086,965

1,552,808

2,018,650

 Autonomous Vehicle (Greenblatt and Saxena 2015)

122,218

183,666

265,648

 Autonomous Vehicle in 5 Years (Greenblatt and Saxena 2015; Strawn and Strawn 2015)

33,229

56,539

100,383

 Human Piloted Vehicle (New-car transaction prices up 2 percent in march 2016, along with increases in incentive spend, according to Kelley blue book [press release] 2016)

17,218

33,666

70,648

 Annual Cost of Owning Car (American Automobile Association 2014)

 

8536

 

 Funeral (National Funeral Directors Association 2017)

6206

7332

8687

 Productivity (United States Office of Personnel Management n.d.; American Automobile Association 2015; Proctor et al. 2016)

552

1657

2762

 Parking spot for non-taxi (The Economist 2017; Chester et al. 2010)

47,600

102,000

176,800

 Parking spot for taxi (The Economist 2017; Chester et al. 2010)

0

30,000

80,000

 Taxi Salary (Bureau of Labor Statistics 2015)

19,432

27,760

36,088

 Cost of Taxi (New-car transaction prices up 2 percent in march 2016, along with increases in incentive spend, according to Kelley blue book [press release] 2016; New York City Taxi and Limousine Commission 2014)

92,699

132,427

172,155

 Cost of AV Taxi (Greenblatt and Saxena 2015; New York City Taxi and Limousine Commission 2014)

197,699

282,427

367,155

Selected Probabilities

 Human Piloted Vehicle (Blincoe et al. 2015; National Highway Traffic Safety Administration 2016)

  Crash

–

0.0646

–

  Property Damage Only Crash

–

0.6091

–

  Minor Injury from Crash

–

0.3766

–

  Severe Injury from Crash

–

0.0090

–

  Death from Crash

–

0.0054

–

 Autonomous Vehicle (Waymo 2016b)

  Crash

0.06729

0.08385

0.09319

  Property Damage Only Crash

0.9551

0.9654

0.9777

  Minor Injury from Crash

0.0220

0.0315

0.0409

  Severe Injury from Crash

2.09E-04

2.99E-03

3.88E-03

  Death from Crash

6.48E-05

9.26E-05

1.20E-04

  1. aAll costs have been rounded to the nearest 2016 dollar