International Transport Forum Discussion Papers

2223-439X (en ligne)
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ITF Discussion Papers make economic research, commissioned or carried out in-house at the International Transport Forum, available to researchers and practitioners. They describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the ITF works.

Accident Cost, Speed and Vehicle Mass Externalities, and Insurance You or your institution have access to this content

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Lars Hultkrantz1, Gunnar Lindberg2
Author Affiliations
  • 1: Orebro University, Sweden

  • 2: Centre for Transport Studies, Sweden

29 sep 2011
Bibliographic information
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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 reduction of this cost can be done in two ways, either by reducing the number of accidents or by mitigating the consequences of the existing accidents. Insurance systems can contribute to both.
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