IDEAS home Printed from https://ideas.repec.org/p/hhs/gunwpe/0095.html
   My bibliography  Save this paper

Anyone for Higher Speed Limits? - Self-Interested and Adaptive Political Preferences

Author

Listed:
  • Johansson-Stenman, Olof

    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

  • Martinsson, Peter

    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

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 of cars that are newer (and hence safer), bigger, and with better high-speed characteristics, prefer higher speed limits, as do those who believe they drive better than average, whereas elderly people prefer lower limits. Furthermore, people report that they themselves vote more sociotropically than they believe others to vote, on average. Self-serving biases are proposed as a bridge between subjectively perceived expressive and sociotropic voting behavior, versus objectively self-interested voting behavior.

Suggested Citation

  • Johansson-Stenman, Olof & Martinsson, Peter, 2003. "Anyone for Higher Speed Limits? - Self-Interested and Adaptive Political Preferences," Working Papers in Economics 95, University of Gothenburg, Department of Economics.
  • Handle: RePEc:hhs:gunwpe:0095
    Note: Publised in Public Choice, 2005, Vol. 122, pp. 319-331.
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Geoffrey Brennan & Alan Hamlin, 1998. "Expressive voting and electoral equilibrium," Public Choice, Springer, vol. 95(1), pages 149-175, April.
    2. Keeler, Theodore E, 1994. "Highway Safety, Economic Behavior, and Driving Environment," American Economic Review, American Economic Association, vol. 84(3), pages 684-693, June.
    3. 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.
    4. Gordon Tullock, 2000. "Some Further Thoughts on Voting," Public Choice, Springer, vol. 104(1), pages 181-182, July.
    5. Jeffrey Smith, 1975. "A clear test of rational voting," Public Choice, Springer, vol. 23(1), pages 55-67, September.
    6. 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.
    7. Claudia Keser & Frans Van Winden, 2000. "Conditional Cooperation and Voluntary Contributions to Public Goods," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(1), pages 23-39, March.
    8. Joop Hartog & Ada Ferrer‐i‐Carbonell & Nicole Jonker, 2002. "Linking Measured Risk Aversion to Individual Characteristics," Kyklos, Wiley Blackwell, vol. 55(1), pages 3-26.
    9. Sears, David O. & Lau, Richard R. & Tyler, Tom R. & Allen, Harris M., 1980. "Self-Interest vs. Symbolic Politics in Policy Attitudes and Presidential Voting," American Political Science Review, Cambridge University Press, vol. 74(3), pages 670-684, September.
    10. Michael Greenstone, 2002. "A Reexamination of Resource Allocation Responses to the 65-MPH Speed Limit," Economic Inquiry, Western Economic Association International, vol. 40(2), pages 271-278, April.
    11. Lave, Charles & Elias, Patrick, 1997. "Resource Allocation in Public Policy: The Effects of the 65-MPH Speed Limit," Economic Inquiry, Western Economic Association International, vol. 35(3), pages 614-620, July.
    12. Elster, Jon, 1996. "Rationality and the Emotions," Economic Journal, Royal Economic Society, vol. 106(438), pages 1386-1397, September.
    13. Brennan,Geoffrey & Hamlin,Alan, 2000. "Democratic Devices and Desires," Cambridge Books, Cambridge University Press, number 9780521639774.
    14. David Merrell & Marc Poitras & Daniel Sutter, 1999. "The Effectiveness of Vehicle Safety Inspections: An Analysis Using Panel Data," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 571-583, January.
    15. Linda Babcock & George Loewenstein, 1997. "Explaining Bargaining Impasse: The Role of Self-Serving Biases," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 109-126, Winter.
    16. Copeland, Cassandra & Laband, David N, 2002. "Expressiveness and Voting," Public Choice, Springer, vol. 110(3-4), pages 351-363, March.
    17. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, vol. 72(3), pages 307-319, June.
    18. Leonard Shabman & Kurt Stephenson, 1994. "A Critique of the Self-Interested Voter Model: The Case of a Local Single Issue Referendum," Journal of Economic Issues, Taylor & Francis Journals, vol. 28(4), pages 1173-1186, December.
    19. 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.
    20. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-630, October.
    21. 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 and Economics, University of Chicago Press, vol. 38(2), pages 251-264, October.
    22. Kramer, Gerald H., 1983. "The Ecological Fallacy Revisited: Aggregate- versus Individual-level Findings on Economics and Elections, and Sociotropic Voting," American Political Science Review, Cambridge University Press, vol. 77(1), pages 92-111, March.
    23. Peltzman, Sam, 1975. "The Effects of Automobile Safety Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 677-725, August.
    24. David Merrell & Marc Poitras & Daniel Sutter, 1999. "The Effectiveness of Vehicle Safety Inspections: An Analysis Using Panel Data," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 571-583, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tyran, Jean-Robert & Sausgruber, Rupert, 2006. "A little fairness may induce a lot of redistribution in democracy," European Economic Review, Elsevier, vol. 50(2), pages 469-485, February.
    2. Fredrik Carlsson & Olof Johansson‐Stenman, 2010. "Why Do You Vote and Vote as You Do?," Kyklos, Wiley Blackwell, vol. 63(4), pages 495-516, November.
    3. Lars Hultkrantz & Gunnar Lindberg & Camilla Andersson, 2006. "The value of improved road safety," Journal of Risk and Uncertainty, Springer, vol. 32(2), pages 151-170, March.
    4. Albalate, Daniel & Bel, Germà, 2012. "Speed limit laws in America: The role of geography, mobility and ideology," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(2), pages 337-347.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Johansson-Stenman, Olof, 2008. "Mad cows, terrorism and junk food: Should public policy reflect perceived or objective risks?," Journal of Health Economics, Elsevier, vol. 27(2), pages 234-248, March.
    2. Schnellenbach, Jan & Schubert, Christian, 2015. "Behavioral political economy: A survey," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
    3. Aggarwal, Raj & Goodell, John W., 2013. "Political-economy of pension plans: Impact of institutions, gender, and culture," Journal of Banking & Finance, Elsevier, vol. 37(6), pages 1860-1879.
    4. Fredrik Carlsson & Olof Johansson‐Stenman, 2010. "Why Do You Vote and Vote as You Do?," Kyklos, Wiley Blackwell, vol. 63(4), pages 495-516, November.
    5. Carlsson, Fredrik & Johansson-Stenman, Olof, 2009. "Voting Motives, Group Identity, and Social Norms," Working Papers in Economics 366, University of Gothenburg, Department of Economics.
    6. Johansson-Stenman, Olof, 2006. "Mad Cows, Terrorism and Junk Food: Should Public Policy Reflect Subjective or Objective Risks?," Working Papers in Economics 194, University of Gothenburg, Department of Economics.
    7. Schnellenbach, Jan & Schubert, Christian, 2014. "Behavioral public choice: A survey," Freiburg Discussion Papers on Constitutional Economics 14/03, Walter Eucken Institut e.V..
    8. Helgeson, Jennifer & Dietz, Simon & Atkinson, Giles D. & Hepburn, Cameron & Sælen, Håkon, 2009. "Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-28.
    9. Alexandra Oprea, 2019. "Democracy as a Game of Trust: The Limits of Generality Constraints," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 36(3), pages 227-248, December.
    10. McCarthy, Patrick S., 1999. "Public policy and highway safety: a city-wide perspective," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 231-244, March.
    11. Johansson-Stenman, Olof & Martinsson, Peter, 2006. "Honestly, why are you driving a BMW?," Journal of Economic Behavior & Organization, Elsevier, vol. 60(2), pages 129-146, June.
    12. Clifford Winston & Vikram Maheshri & Fred Mannering, 2006. "An exploration of the offset hypothesis using disaggregate data: The case of airbags and antilock brakes," Journal of Risk and Uncertainty, Springer, vol. 32(2), pages 83-99, March.
    13. Berlemann, Michael & Matthes, Andreas, 2014. "Positive externalities from active car safety systems," Journal of Policy Modeling, Elsevier, vol. 36(2), pages 313-329.
    14. Hillman, Arye L., 2010. "Expressive behavior in economics and politics," European Journal of Political Economy, Elsevier, vol. 26(4), pages 403-418, December.
    15. Anderson, D. Mark & Sandholt, Sina, 2016. "Booster Seats and Traffic Fatalities among Children," IZA Discussion Papers 10071, Institute of Labor Economics (IZA).
    16. Fredrik Carlsson & Olof Johansson-Stenman & Peter Martinsson, 2004. "Is Transport Safety More Valuable in the Air?," Journal of Risk and Uncertainty, Springer, vol. 28(2), pages 147-163, March.
    17. Cameron Hepburn & Hakon Sælen & Giles Atkinson & Simon Dietz, 2008. "Risk, inequality and time in the welfare economics of climate change: is the workhorse model underspecified?," Economics Series Working Papers 400, University of Oxford, Department of Economics.
    18. D. Mark Anderson & Sina Sandholt, 2019. "Are Booster Seats More Effective than Child Safety Seats or Seat Belts at Reducing Traffic Fatalities among Children?," American Journal of Health Economics, MIT Press, vol. 5(1), pages 42-64, Winter.
    19. Liu, Liqun & Neilson, William S., 2006. "Endogenous private safety investment and the willingness to pay for mortality risk reductions," European Economic Review, Elsevier, vol. 50(8), pages 2063-2074, November.
    20. Kjell Arne Brekke & Olof Johansson-Stenman, 2008. "The behavioural economics of climate change," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(2), pages 280-297, Summer.

    More about this item

    Keywords

    Speed limits; self-interested voting; expressive voting; sociotropic voting; selfserving bias; adaptive political preferences;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:gunwpe:0095. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jessica Oscarsson (email available below). General contact details of provider: https://edirc.repec.org/data/naiguse.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.