Peirson, John D., Skinner, Ian, Vickerman, Roger W. (1998) The microeconomic analysis of the external costs of road accidents. Economica, 65 (259). pp. 429-440. ISSN 0013-0427. (doi:10.1111/1468-0335.00137) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:17492)
| The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. | |
| Official URL: https://doi.org/10.1111/1468-0335.00137 |
Abstract
A disaggregated model of the marginal external costs of road accidents imposed by different road users is developed. The model explicitly specifies the adjustment of road users to increases in accident risks imposed by additional road use and is used to estimate the marginal external costs of road accidents. The results, under certain assumptions, are up to 50% less than those obtained using the methods of previous studies. However, the adjustment to the increased risks of accidents leads to other costs, such as congestion and reduced pedestrian mobility. These costs should be included in a comprehensive analysis.
| Item Type: | Article |
|---|---|
| DOI/Identification number: | 10.1111/1468-0335.00137 |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: |
Divisions > Division of Human and Social Sciences > School of Economics Divisions > Division of Computing, Engineering and Mathematical Sciences > School of Mathematics, Statistics and Actuarial Science |
| Depositing User: | Roger Vickerman |
| Date Deposited: | 05 Apr 2009 17:25 UTC |
| Last Modified: | 09 Mar 2023 11:31 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/17492 (The current URI for this page, for reference purposes) |
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