Researchers | Year | Subject | Summary of Findings |
Vickrey | 1968 | Automobile accidents, tort law, externalities, and insurance: an economist’s critique | Proposing different insurance types to solve the short comes of current premium policies, Such as PAYD fuel taxes |
Wenzel | 1995 | Analysis of national pay-as-you-drive insurance systems and other variable driving charges | Using PAYD or similar insurance strategies would decrease the effects of vehicle ownership on environment |
Edlin | 1999 | Per-mile premiums for auto insurance | There is social benefit in using the distance-based insurance premium as much as 25 billion dollars |
Hultkrantz, Nilsson, & Arvidsson | 2012 | Voluntary internalization of speeding externalities with vehicle insurance | Pays as you speed insurance policy would lead to less vehicle usage but do not decrease speed violation |
Litman | 2012 | Distance-Based Vehicle Insurance as a TDM Strategy | The most effective Distance-based pricing method is Per-mile Premiums and per-minutes premium as a mandatory insurance |
Derikx | 2016 | Privacy concerns for insurance of connected cars | People would substitute their privacy with monetary discounts in behavior insurance policies. They perceive action privacy more valuable |
Zhao & Zhou | 2014 | Copula-based dependence between frequency and class in car insurance with excess zeros | Providing a Copula distribution to track the dependence between claim frequency and class in car insurance to find a systematic way to change the premium insurances |
Alshamsi | 2014 | Predicting car insurance policies using random forest | Checks the random forest method for insurance data mining to predict the insurance choice of people |