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We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media campaigns that announce the SLMO and provide information on the dangers of speeding. Using register data on the universe of police reported accidents in a generalized...
Persistent link: https://www.econbiz.de/10012151780
We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media campaigns that announce the SLMO and provide information on the dangers of speeding. Using register data on the universe of police reported accidents in a generalized...
Persistent link: https://www.econbiz.de/10012156382
Vehicle accidents represent an important source of externalities from driving. Using a detailed dataset on accident …
Persistent link: https://www.econbiz.de/10012585473
This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...
Persistent link: https://www.econbiz.de/10011299976
Persistent link: https://www.econbiz.de/10011504552
This paper studies road safety and accident externalities when insurance companies have market power, and can influence … technology choice. While a private monopolist internalizes accident externalities up to the point where compensations to users … externalities that their customers impose upon one another. Therefore, non-optimal premiums as well as speed and technology control …
Persistent link: https://www.econbiz.de/10010477906
This article shows that in the presence of environmental externalities, it may be welfare enhancing to overcome a … effects. -- environmental externalities ; network effects ; private transport ; technological change …
Persistent link: https://www.econbiz.de/10009349250
Persistent link: https://www.econbiz.de/10012239911
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost - even when roads are not hypercongested - is substantial,...
Persistent link: https://www.econbiz.de/10012029052
Previous studies on traffic congestion have emphasized supply-side instruments, such as the expansion of road capacity and improving the management of traffic. However, researchers on transportation have identified several paradoxes in which the usual remedy for congestion-expanding the road...
Persistent link: https://www.econbiz.de/10011867063