The Costs of Avoiding Accidents.Selective Compliance and the 'Peltzman Effect' in Italy
AbstractWe empirically investigate the deterrent and offsetting effects of the introduction of a point–record driving license (PDRL) in Italy. We find that the PDRL resulted in a sharp reduction of seat belt offenses, and in a noticeable decrease of road accidents. However, the reduction in occupant fatalities and injuries was associated with an increase in non-occupant ones, suggesting a remarkable “Peltzman effect”. We then discuss whether a given enforcement design, by inducing drivers to make the best use of safety resources already available to them, may generate more external costs than would otherwise occur.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 631.
Date of creation: Feb 2012
Date of revision:
offsetting behavior; point - record driving license; seat belts; traffic law enforcement; traffic fatalities;
Find related papers by JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- K32 - Law and Economics - - Other Substantive Areas of Law - - - Environmental, Health, and Safety Law
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-01 (All new papers)
- NEP-EUR-2012-07-01 (Microeconomic European Issues)
- NEP-HEA-2012-07-01 (Health Economics)
- NEP-TRE-2012-07-01 (Transport Economics)
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