The New Italian Road Code and the virtues of the ‘shame lane’
In July 2003 a new Road Code was approved by the Italian parliament. Among many reforms whose validity is not questioned here, the new law states that on three-lane motorways the right lane should not be reserved anymore to slow vehicles alone. As in two-lane roads, all vehicles must now drive on the right lane, as long as it is not occupied by other vehicles. The model developed in this paper casts doubts on the validity of such a change, suggesting that the old rule generally performs better, in terms of number of accidents, average speed and motorway capacity, than the new one. This conclusion is shown to be extremely robust to refinements of the main assumptions concerning driving attitudes and the stochastic arrival of accidents.
|Date of creation:||07 Jan 2004|
|Date of revision:|
|Note:||Type of Document - pdf; prepared on WinXP; pages: 21|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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.:
- Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-60, May.
- Gipps, P. G., 1986. "A model for the structure of lane-changing decisions," Transportation Research Part B: Methodological, Elsevier, vol. 20(5), pages 403-414, October.
- Alvin E. Roth & Elliott Peranson, 1999.
"The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design,"
NBER Working Papers
6963, National Bureau of Economic Research, Inc.
- Elliott Peranson & Alvin E. Roth, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," American Economic Review, American Economic Association, vol. 89(4), pages 748-780, September.
- Richard Arnott & Andre de Palma & Robin Lindsey, 1985.
"Economics of a Bottleneck,"
636, Queen's University, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpco:0401002. 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: (EconWPA)
If references are entirely missing, you can add them using this form.