The offset hypothesis predicts consumers adapt to innovations that improve safety by becoming less vigilant about safety. Previous tests have used aggregate data that may confound the effect of a safety policy with those consumers who are most affected by it. We test the hypothesis using...

This article seeks to explain the recent growth in the adoption of air bags in new automobiles. Our analysis focuses on market forces, that is, consumers' willingness to pay for air bags and automakers' responsiveness to consumers' willingness to pay. We find that air bags were offered by...

The offset hypothesis predicts consumers adapt to innovations that improve safety by becoming less vigilant about safety. Previous tests have used aggregate data that may confound the effect of a safety policy with those consumers who are most affected by it. We test the hypothesis using...

Gaining a better understanding of the factors that affect the likelihood of a vehicle crash has been an area of research focus for many decades. However, in the absence of detailed driving data that would help improve the identification of cause and effect relationships with individual vehicle...

The statistical analysis of highway incident duration has become an increasingly import research topic due to the impact that highway incidents (vehicle accidents and disablements) have on traffic congestion. In addition, there is a growing need to evaluate incident management programs that seek...

Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- Preface -- Authors -- Section I: Fundamentals -- 1: Statistical Inference I: Descriptive Statistics -- 1.1 Measures of Relative Standing -- 1.2 Measures of Central Tendency -- 1.3 Measures of Variability...