The Effects of Varying Safety Conditions on the External Costs of Driving

Thomas Traynor
Additional contact information
Thomas Traynor: Wright State University

Eastern Economic Journal, 1994, vol. 20, issue 1, 45-60

Abstract: In this article, the analysis of of offsetting behavior is extended to evaluate the external costs of these behavioral responses. The author develops and tests the hypothesis that drivers respond to safer driving conditions by choosing types of behavior that carry the lowest risk for themselves (without regard for the external costs of their behavior). Thus, the external share of accident costs should rise, on average, as driving conditions improve. Several econometric models are estimated which lend support to this hypothesis and indicate that its effects are stronger as the change to safety conditions becomes more significant.

Keywords: Safety (search for similar items in EconPapers)
JEL-codes: D18 R48 (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

Downloads: (external link)
http://web.holycross.edu/RePEc/eej/Archive/Volume20/V20N1P45_60.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:20:y:1994:i:1:p:45-60

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().