Fasten seat belts: Do car safety systems cause positive externalities?

Although traffic safety belongs to the quite intensively regulated sectors, there has been little discussion about the adequacy of the arguments underlying these regulations. We argue that passive and active car safety systems might cause positive externalities for other traffic participants and present empirical evidence in favour of this hypothesis.

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Year of publication:	2011
Authors:	Berlemann, Michael ; Matthes, Andreas
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 31.2011, 4, p. 2915-2921
Publisher:	AccessEcon
Subject:	car safety \| externalities \| regulation

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Extent:	application/pdf
Type of publication:	Article
Classification:	L5 - Regulation and Industrial Policy ; K2 - Regulation and Business Law
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011278809