Title: Traffic safety: Speed limits, strict liability and a km tax
Authors: Delhaye, Eef # ×
Issue Date: Mar-2006
Publisher: Pergamon-elsevier science ltd
Series Title: Transportation research part a-policy and practice vol:40 issue:3 pages:205-226
Abstract: This paper focuses on two specific determinants of accidents: speed and the activity level. If there is no government intervention, people do not take into account the full cost of their driving and they will drive too fast and too much. In our setting, the government can use three instruments to influence the behaviour of people: speed limits, strict liability and a kilometre tax. We analyse the choice of the speed and activity level under the different instruments and determine the optimal combinations. Given our assumptions we never reach the social optimum. The results are illustrated with a numerical example. (c) 2005 Elsevier Ltd. All rights reserved.
ISSN: 0965-8564
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Energy, Transport and Environment, Leuven
× corresponding author
# (joint) last author

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