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The increase of carbon dioxide (CO2) in the atmosphere is coursed by an increasing use of fossil fuels; natural gas, oil and coal. This has so far resulted in an increase of the global surface temperature of the order of one degree. In year 2000 IPCC, Intergovernmental Panel on Climate Change,...
The Transport Accident Commission of Victoria (TAC) was established, and is governed by, the Transport Accident Act 1986. The TAC administers a comprehensive no-fault compensation scheme for Victorians who are injured or die as a result of a transport accident. The Act also provides the TAC with...
The external accident cost of road use is a function of the marginal relationship between road use and accidents, as expressed, for instance, by the elasticity. This elasticity is, however, not necessarily constant, but may be assumed to depend on the traffic volume as seen in relation to road...
In this paper, we provide an extensive summary of a field experiment we have recently conducted on the behavioural effects of pay-as-you-drive (PAYD) vehicle insurance (Bolderdijk et al., 2011a). We start with a review of the rationale for PAYD schemes from a behavioural science perspective....
Road trauma is the biggest killer of young people in the world. Reductions in the incidence and severity of road related trauma is of paramount importance to society, aimed at reducing the personal and economic burden to injured people and flow-on impact to families and the broader community...
Traffic accidents are a human tragedy that kills 1.2 million people worldwide annually (World Health Organization, 2004). The cost of traffic accidents are huge and recent estimates for US alone suggest the cost to be USD 433 billion in year 2000 or 4.3 percentage of GDP (Parry et al, 2007). A...
The purpose of this Round Table is to assess the economic effects of major transport infrastructure projects. The term "major projects" is used to designate qualitative leaps, be it the mapping out of new road or rail rings to link disparate radial penetration routes or the introduction of...
Cost benefit analysis has been used in the United Kingdom for the appraisal of road schemes over the past fifty years. It was less widely used for rail, where most investment was concerned with renewing the existing network. The Central London Rail Study (1988) used cost benefit analysis to...