The Transport Accident Commission of Victoria (TAC) was established, and is governed by, the Transport Accident Act 1986. The TAC administers a comprehensive no-fault compensation scheme for Victorians who are injured or die as a result of a transport accident. The Act also provides the TAC with...

The external accident cost of road use is a function of the marginal relationship between road use and accidents, as expressed, for instance, by the elasticity. This elasticity is, however, not necessarily constant, but may be assumed to depend on the traffic volume as seen in relation to road...

In this paper, we provide an extensive summary of a field experiment we have recently conducted on the behavioural effects of pay-as-you-drive (PAYD) vehicle insurance (Bolderdijk et al., 2011a). We start with a review of the rationale for PAYD schemes from a behavioural science perspective....

Road trauma is the biggest killer of young people in the world. Reductions in the incidence and severity of road related trauma is of paramount importance to society, aimed at reducing the personal and economic burden to injured people and flow-on impact to families and the broader community...

Traffic accidents are a human tragedy that kills 1.2 million people worldwide annually (World Health Organization, 2004). The cost of traffic accidents are huge and recent estimates for US alone suggest the cost to be USD 433 billion in year 2000 or 4.3 percentage of GDP (Parry et al, 2007). A...

The Round Table addressed the broad question of what research and experience tell us about how to arrive at a successful introduction of congestion charging schemes. Attention was limited mostly to urbanized areas where road traffic congestion is or may become an issue. “Success” means (a)...

Mexico´s public investment process is strengthened by an institutional framework that ensures that projects with a high social return are given preference. The Federal Law of Budget and Financial Responsibility establishes as prerequisite for federal investments the obligation to present a...

A brief review of long run projections of demand for road transport suggests that problems related to road network congestion and greenhouse gas emissions are likely to become more pressing than they are now. Hence we review, from a macroscopic perspective, popular policy measures to address...

It has always been a controversial tool, generating accusations of unacceptable principle, improper application, inadequate evidence base and bias. One early application was to the appraisal of the proposed third London Airport where a critic labelled the project appraisal as “nonsense on...

The practice of cost-benefit analysis (CBA) has a long tradition in France, dating back to Dupuit (1849), but is still a topical subject. This practice is in fact the result of the combination of economic theory and decision processes regarding project choices. Both of these are constantly...