This paper presents a theoretical and empirical analysis of the effects of no fault automobile insurance on accident rates. As a mechanism for compensating the victims of automobile accidents, no fault has several important advantages over the tort system. However, by restricting access to tort,...

This paper presents a theoretical and empirical analysis of the effects of no fault automobile insurance on fatal accident rates. As a mechanism for compensating the victims of automobile accidents, no fault has several important advantages over the tort system. However, by restricting access to...

This paper presents a theoretical and empirical analysis of the effects of no-fault automobile insurance on accident rates. As a mechanism for compensating the victims of automobile accidents, no-fault has several important advantages over the tort system. However, by restricting access to tort,...