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dc.contributor.advisorStull, Charles A.
dc.contributor.authorAllen, Michael
dc.descriptioniii, 27 p.en_US
dc.description.abstractThis piece marries the theories of microeconomics, insurance and disruptive innovation and applies them to self-driving cars in the auto insurance industry. Through a qualitative forecast of the auto insurance industry using forecasts of the impact of self driving cars, it is predicted that large, established firms will have difficulty and may fail when dealing with all of the changes that self-driving cars will bring once they fully penetrate the automobile market. The argument is made through employing a hypothetical rate model and basic rate making principals. The rate making model is manipulated with predicted aspects of self-driving cars in mind.en_US
dc.relation.ispartofKalamazoo College Economics and Business Senior Individualized Projects Collection
dc.rightsU.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.
dc.titleDisruptive Innovation and the Impact of Fully Autonomous Vehicles on the Auto Insurance Industryen_US
KCollege.Access.ContactIf you are not a current Kalamazoo College student, faculty, or staff member, email to request access to this thesis.

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  • Economics and Business Senior Individualized Projects [1145]
    This collection includes Senior Individualized Projects (SIP's) completed in the Economics and Business Department. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

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