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Heterogeneity of the accident externality from driving

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      <subfield code="a">Heterogeneity of the accident externality from driving</subfield>
      <subfield code="c">Rachel J. Huang, Larry Y. Tzeng, Kili C. Wang</subfield>
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      <subfield code="a">This article examines the accident externality from driving in terms of loss probability and severity by using a unique individual-level data set with more than 3 million observations from Taiwan. Two types of accident externality are, respectively, measured: the average number of kilometers driven per month per vehicle and the total number of speeding tickets per month. For both variables, we find significant evidence to support the existence of the accident externality. Moreover, we find that the accident externality is heterogeneous in terms of the vehicles' characteristics.</subfield>
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      <subfield code="t">The Journal of risk and insurance</subfield>
      <subfield code="d">Nueva York : The American Risk and Insurance Association, 1964-</subfield>
      <subfield code="x">0022-4367</subfield>
      <subfield code="g">01/12/2014 Volumen 81 Número 4 - diciembre 2014 , p. 735-756</subfield>
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