Standing in cost-benefit analysis of road safety measures: A case of speed enforcement vs. speed change

Knut Veisten, Christian Stefan, Martin Winkelbauer

Publikation: Beitrag in FachzeitschriftArtikelBegutachtung

Abstract

Elvik (2006) discussed theappropriatenessofincludingthebenefits thatoffendersgetwhenviolating traffic laws.Whileconcludingthatthesebenefits couldnotbegivenstanding,Elvikresortedto argumentation fromnormativetheoriesoutsidetheschoolsofeconomictheory.Inthisarticle,we present argumentsforomittingviolators'benefits, orlostbenefits, basedonnormativestandswithin economics schoolofthought.Bymeansoftwoexamples,weillustratethedistinctionbetweenaproject of increased/improvedenforcementofexistingspeedlimits,whereviolators'timelossesshouldnotbe included - compatible withElvik'spointofview - and aprojectofreducedspeedlimits,wherethetime loss shouldbeincluded.Thisclarification ofstandingincost-benefit analysisofroadsafetymeasuresis based ontheeconomicsschoolofthought,wherecost-benefit analysisisregardedasadecisiontool operating withinsocialconstraintsandwherespeedlimitsareconsideredasabsoluteinstitutions.
OriginalspracheEnglisch
Seitenumfang6
FachzeitschriftTransport Policy
Volume30
Issue30
PublikationsstatusVeröffentlicht - 2013

Research Field

  • Ehemaliges Research Field - Mobility Systems

Schlagwörter

  • Absolute institutions
  • Neo-classical economictheory
  • Social constraints

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