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Point-System Driving Licence: Was it Really Necessary?

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  • Carlo Rosa

    (Department of Economics - London School of Economics)

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    Abstract

    In Italy, in July 2003, a new highway code came into force. Among other things, it posits a «revolutionary » point-system driving licence. This paper analyses optimal punishment schemes and shows that a simpler policy intervention, such as a dynamic increase in the size of the pecuniary sanctions, could have induced the same outcome.

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    File URL: http://riss.vitaepensiero.it/scheda-articolo_digital/carlo-rosa/point-system-driving-licence-was-it-really-necessary-000518_2005_0003_0103-150827.html
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    Bibliographic Info

    Article provided by Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore in its journal Rivista Internazionale di Scienze Sociali.

    Volume (Year): 113 (2005)
    Issue (Month): 3 ()
    Pages: 477-485

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    Handle: RePEc:vep:journl:y:2005:v:113:i:3:p:477-485

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    Related research

    Keywords: optimal punishment scheme; equivalence theorem; memory property.;

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