A theoretical model is adopted in order to explain incentives and actual safety behaviour for drivers, pedestrians and other road users which do not utilise motorised vehicles. A road user's outcome is supposed to be dependent on her individual actions and cares decided upon by other individuals utilising the roads simultaneously, as well as on external traffic safety conditions. By varying the types of road users meeting in traffic and the order of moves taken, several different games are identified, analysed and compared. In addition to focussing on the possible strategic interactions between the road users and the outcomes most likely to be found in different situations, we discuss the existence and size of moral hazard effects caused by improvements in external safety conditions.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Department of Economics, University of Kent in its series Studies in Economics with number
0105.
Length: Date of creation: Mar 2001 Date of revision: Handle: RePEc:ukc:ukcedp:0105
Contact details of provider: Postal: Department of Economics, University of Kent at Canterbury, Canterbury, Kent, CT2 7NP Phone: +44 (0)1227 764000 Fax: +44 (0)1227 827850 Web page: http://www.ukc.ac.uk/economics/
Order Information: Email:
For technical questions regarding this item, or to correct its listing, contact: (Emma Robinson).
Find related papers by JEL classification: R4 - Urban, Rural, and Regional Economics - - Transportation Systems C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory D8 - Microeconomics - - Information, Knowledge, and Uncertainty
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.:
Gal-Or, Esther, 1985.
"First Mover and Second Mover Advantages,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(3), pages 649-53, October.
[Downloadable!] (restricted)