This paper evaluates the desirability of the new national speed limit using tools of normative and positive economic analysis. The theoretical case for a speed limit is analyzed, and it is concluded that externalities in driving may justify the use of a speed limit, among other policies. The principal costs and benefits of the present speed limit are then discussed, and available data are used in order to suggest the reasonable orders of magnitude of costs and benefits. A number of conceptual and empirical limitations of the analysis are emphasized. Finally, several alternatives to the national speed limit are noted. /Author/

  • Corporate Authors:

    Elsevier Science

    Radarweg 29, P.O. Box 211
    1043NX AE Amsterdam,   Netherlands 
  • Authors:
    • Clotfelter, C T
    • Hahn, J C
  • Publication Date: 1978-6

Media Info

  • Features: Appendices; Figures; References; Tables;
  • Pagination: p. 281-294
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00188220
  • Record Type: Publication
  • Source Agency: Policy Sciences
  • Files: TRIS
  • Created Date: Mar 14 1979 12:00AM