Sample Selection In The Estimation Of Air Bag And Seat Belt Effectiveness
AbstractBecause data are collected for only fatal crashes, it is difficult to accurately measure seat belt and air bag effectiveness. The use of safety devices influences survival rates which in turn determine whether a crash is included in the sample, leading to sample selection bias. We propose a simple solution to the selection problem: limiting the sample to crashes in which someone in a different vehicle dies. Empirically, we find seat belts more effective and air bags to be less effective than previously found. The cost per life saved through seat belts is approximately $30,000, compared to $1.8 million for air bags. © 2001 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
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Bibliographic InfoArticle provided by MIT Press in its journal The Review of Economics and Statistics.
Volume (Year): 83 (2001)
Issue (Month): 4 (November)
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Other versions of this item:
- Steven D. Levitt & Jack Porter, 1999. "Sample Selection in the Estimation of Air Bag and Seat Belt Effectiveness," NBER Working Papers 7210, National Bureau of Economic Research, Inc.
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
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