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Anyone for higher speed limits? – Self-interested and adaptive political preferences

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Author Info
Olof Johansson-Stenman ()
Peter Martinsson ()

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Abstract

Swedish survey-evidence indicates that variables reflecting self-interest are important in explaining people’s preferred speed limits, and that political preferences adapt to technological development. Drivers who believe they drive better than the average driver as well as drivers of cars that are newer (and hence safer), bigger, and with better highspeed characteristics, prefer higher speed limits. In contrast, elderly people prefer lower speed limits. Furthermore, people report that they themselves vote more sociotropically than they believe others vote on average, indicating that we may vote less sociotropically than we believe ourselves. One possible reason for such self-serving biases is that people desire to see themselves as socially responsible. Copyright Springer Science + Business Media, Inc. 2005

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File URL: http://hdl.handle.net/10.1007/s11127-005-3901-x
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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 122 (2005)
Issue (Month): 3 (March)
Pages: 319-331
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Handle: RePEc:kap:pubcho:v:122:y:2005:i:3:p:319-331

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Michael Greenstone, 2002. "A Reexamination of Resource Allocation Responses to the 65-MPH Speed Limit," Economic Inquiry, Oxford University Press, vol. 40(2), pages 271-278, April.
  2. Hartog, Joop & Ferrer-i-Carbonell, Ada & Jonker, Nicole, 2002. "Linking Measured Risk Aversion to Individual Characteristics," Kyklos, Blackwell Publishing, vol. 55(1), pages 3-26.
  3. Brennan, Geoffrey & Hamlin, Alan, 1998. " Expressive Voting and Electoral Equilibrium," Public Choice, Springer, vol. 95(1-2), pages 149-75, April. [Downloadable!] (restricted)
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  4. Elster, Jon, 1996. "Rationality and the Emotions," Economic Journal, Royal Economic Society, vol. 106(438), pages 1386-97, September. [Downloadable!] (restricted)
  5. Rienstra, S.A. & Rietveld, P., 1996. "Speed behaviour of car drivers: a statistical analysis of acceptance of changes in speed policies in the Netherlands," Serie Research Memoranda 0007, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
  6. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January. [Downloadable!] (restricted)
  7. Gordon Tullock, 2000. "Some Further Thoughts on Voting," Public Choice, Springer, vol. 104(1), pages 181-182, July. [Downloadable!] (restricted)
  8. Babcock, Linda & Loewenstein, George, 1997. "Explaining Bargaining Impasse: The Role of Self-Serving Biases," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 109-26, Winter. [Downloadable!] (restricted)
  9. Copeland, Cassandra & Laband, David N, 2002. " Expressiveness and Voting," Public Choice, Springer, vol. 110(3-4), pages 351-63, March. [Downloadable!] (restricted)
  10. Brekke, Kjell Arne & Kverndokk, Snorre & Nyborg, Karine, 2003. "An economic model of moral motivation," Journal of Public Economics, Elsevier, vol. 87(9-10), pages 1967-1983, September. [Downloadable!] (restricted)
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  11. Keser, Claudia & van Winden, Frans, 2000. " Conditional Cooperation and Voluntary Contributions to Public Goods," Scandinavian Journal of Economics, Blackwell Publishing, vol. 102(1), pages 23-39, March. [Downloadable!] (restricted)
  12. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, vol. 72(3), pages 307-19, June. [Downloadable!] (restricted)
  13. Claudia Keser & Frans A.A.M. van Winden, 2000. "Conditional Cooperation and Voluntary Contributions to Public Goods," Tinbergen Institute Discussion Papers 00-011/1, Tinbergen Institute. [Downloadable!]
  14. Peterson, Steven & Hoffer, George & Millner, Edward, 1995. "Are Drivers of Air-Bag-Equipped Cars More Aggressive? A Test of the Offsetting Behavior Hypothesis," Journal of Law & Economics, University of Chicago Press, vol. 38(2), pages 251-64, October.
  15. David Merrell & Marc Poitras & Daniel Sutter, 1999. "The Effectiveness of Vehicle Safety Inspections: An Analysis Using Panel Data," Southern Economic Journal, Southern Economic Association, vol. 65(3), pages 571-583, January.
  16. Peltzman, Sam, 1975. "The Effects of Automobile Safety Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 677-725, August. [Downloadable!] (restricted)
  17. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Oxford University Press, vol. 36(4), pages 620-30, October.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Hultkrantz, Lars & Lindberg, Gunnar & Andersson, Camilla, 2005. "The value of improved road safety," Working Papers 2005:4, Örebro University, Swedish Business School.
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