Baum, Herbert; Fujiwara, Toru; Geisler, Torsten; … - National Graduate Institute for Policy Studies (GRIPS) - 2009
In this paper, we conduct a cost-benefit analysis of the electronic stability control (ESC) in Japan. We first consider the current situation in which about 4.7% of all passenger vehicles were equipped with ESC in 2007. Based on our estimation, ESC saved 16 fatalities, 91 severe injuries, and...
