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This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality, which is determined mainly by the difference between the marginal and average risks. The model is estimated using a new data-set which...
Persistent link: https://www.econbiz.de/10014149128
This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality, which is determined mainly by the difference between the marginal and average risks. The model is estimated using a new data-set which...
Persistent link: https://www.econbiz.de/10014075669
Persistent link: https://www.econbiz.de/10001372710
This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality which is mainly determined by the difference between the marginal and average risks. The model is estimated using a new dataset which...
Persistent link: https://www.econbiz.de/10011529350
Persistent link: https://www.econbiz.de/10009553350
Persistent link: https://www.econbiz.de/10011284529
Persistent link: https://www.econbiz.de/10010235612
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
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