Pesquisa de referências

Reducing informational asymmetry impacts choices and improves safety : An evaluation of automobile crash tests

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000cab a2200000 4500
001  MAP20220023474
003  MAP
005  20220914101028.0
008  220914e20220905usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎322
1001 ‎$0‎MAPA20220008174‎$a‎Sheehan-Connor, Damien
24510‎$a‎Reducing informational asymmetry impacts choices and improves safety‎$b‎: An evaluation of automobile crash tests‎$c‎Damien Sheehan-Connor
520  ‎$a‎Vehicle crash tests mitigate an informational market failure and provide substantial benefits to consumers. Consumers cannot accurately assess vehicle safety leading automakers to provide it suboptimally. Crash tests performed by the Insurance Institute for Highway Safety represent an attempt to mitigate this market failure. This paper presents evidence that automakers responded by producing safer vehicles and that consumers increased purchases of highly rated vehicles. A novel identification strategy using the year of vehicle redesign is used to evaluate the tests' safety impact. A lower-bound estimate of program benefits is $3000 per vehicle resulting in an annual reduction of 1650 fatalities.
650 4‎$0‎MAPA20080603779‎$a‎Seguro de automóviles
650 4‎$0‎MAPA20080539948‎$a‎Tests
650 4‎$0‎MAPA20080570569‎$a‎Seguridad vial
7730 ‎$w‎MAP20077000727‎$g‎05/09/2022 Volumen 89 Número 3 - septiembre 2022 , p. 697-723‎$x‎0022-4367‎$t‎The Journal of risk and insurance‎$d‎Nueva York : The American Risk and Insurance Association, 1964-