A Bayesian and Classical Econometric Evaluation of the Effect of Cell Phones on Motor Vehicle Fatality Rates
This paper examines the potential effect of cell phones on motor vehicle fatality rates normalized for other driving related and socioeconomic factors. The model used is nonlinear so as to address both life-taking and life-saving attributes of cell phones. The models are evaluated using classical methods along with Bayesian Extreme Bounds Analysis (EBA). The use of both classical and Bayesian methods diminishes the model and parameter uncertainties which afflict more conventional modeling methods which rely on only one of the two methods. The results indicate the presence of both life-taking and life-saving attributes of cell phones on motor vehicle fatality rates depending on the volume of cell phone subscribers in existence.
|Date of creation:||Feb 2009|
|Date of revision:|
|Contact details of provider:|| Postal: 360 Dr. Martin Luther King, Jr. Blvd., Newark, NJ 07102|
Phone: (973) 353-5259
Web page: http://www.ncas.rutgers.edu/economics
More information through EDIRC
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.:
- Leamer, Edward E, 1982. "Sets of Posterior Means with Bounded Variance Priors," Econometrica, Econometric Society, vol. 50(3), pages 725-36, May.
- Loeb, Peter D., 2001. "The effectiveness of seat belt legislation in reducing driver-involved injury rates in Maryland," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 37(4), pages 297-310, August.
- Clive W. J. Granger & Harald F. Uhlig, 1988.
"Reasonable extreme bounds analysis,"
Discussion Paper / Institute for Empirical Macroeconomics
2, Federal Reserve Bank of Minneapolis.
- Edward E. Leamer, 1982.
"Let's Take the Con Out of Econometrics,"
UCLA Economics Working Papers
239, UCLA Department of Economics.
- Frank J. Chaloupka & Henry Saffer & Michael Grossman, 1991.
"Alcohol Control Policies and Motor Vehicle Fatalities,"
NBER Working Papers
3831, National Bureau of Economic Research, Inc.
- Chaloupka, Frank J & Saffer, Henry & Grossman, Michael, 1993. "Alcohol-Control Policies and Motor-Vehicle Fatalities," The Journal of Legal Studies, University of Chicago Press, vol. 22(1), pages 161-86, January.
- Fowles, Richard & Loeb, Peter D, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 916-21, September.
- Keeler, Theodore E, 1994. "Highway Safety, Economic Behavior, and Driving Environment," American Economic Review, American Economic Association, vol. 84(3), pages 684-93, June.
- Loeb, Peter D, 1995. "The Effectiveness of Seat-Belt Legislation in Reducing Injury Rates in Texas," American Economic Review, American Economic Association, vol. 85(2), pages 81-84, May.
- Levy, David T & Asch, Peter, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 913-15, September.
- Snyder, Donald, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 922-25, September.
When requesting a correction, please mention this item's handle: RePEc:run:wpaper:2009-001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vlad Manole)
If references are entirely missing, you can add them using this form.