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Pay-as-you-speed: an economic field-experiment
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Borlänge.
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
2009 (English)Report (Other academic)
Abstract [en]

We report a vehicle-fleet experiment with an economic incentive for keeping within speed limits using a speed-alert device. A traffic insurance scheme was simulated with a monthly bonus during two months reduced by a non-linear speeding penalty. Participants were randomly assigned into four treatment and two control groups. A third control group consists of drivers who had the device and were monitored, but did not participate. We find that participating drivers reduced severe speeding during the first month, but in the second, after having received feedback reports with an account of earned payments, only those given a penalty changed behaviour.

Place, publisher, year, edition, pages
Stockholm: Statens väg- och transportforskningsinstitut, 2009. , 35 p.
Series
Working Papers, Swedish National Road & Transport Research Institute (VTI), 2009:8
Keyword [en]
Speeding, Insurance, Cost, Incentive, Driver, Behaviour, Offence
National Category
Economics
Research subject
Road: Traffic safety and accidents, Road: Accident costs; Road: Traffic safety and accidents, Road: Road user behaviour; Road: General works, surveys, comprehensive works, Road: Economics
Identifiers
URN: urn:nbn:se:vti:diva-705OAI: oai:DiVA.org:vti-705DiVA: diva2:669405
Available from: 2013-12-03 Created: 2013-12-03 Last updated: 2014-05-12Bibliographically approved

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Hultcrantz, LarsLindberg, Gunnar
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf