The disutility of driving below the speed limit on highways
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F22%3A00128583" target="_blank" >RIV/00216224:14560/22:00128583 - isvavai.cz</a>
Result on the web
<a href="https://sciendo.com/article/10.2478/revecp-2022-0012" target="_blank" >https://sciendo.com/article/10.2478/revecp-2022-0012</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.2478/revecp-2022-0012" target="_blank" >10.2478/revecp-2022-0012</a>
Alternative languages
Result language
angličtina
Original language name
The disutility of driving below the speed limit on highways
Original language description
Reducing travel speed below the highway speed limit leads to savings in fuel consumption and CO2 emissions. However, car drivers may be reluctant to drive more slowly either because they do not want to lose time or for other reasons we refer to as ‘the disutility of driving at lower speeds’. In this paper, we use a survey experiment to isolate the disutility of driving at lower speeds by comparing drivers’ willingness to accept compensation for a fixed increase in travel time caused either by taking a longer route or by travelling at below-limit speeds. We show that Czech drivers require higher compensation for travelling at lower speeds than they require for the same travel time increment caused by a longer distance. This result represents the first piece of evidence showing that the disutility of driving at below-limit speeds on a highway is substantial and economically relevant.
Czech name
—
Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/EF16_026%2F0008430" target="_blank" >EF16_026/0008430: New Mobility - High-Speed Transport Systems and Transport-Related Human Behaviour</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Národohospodářský obzor - Review of Economic Perspectives
ISSN
1213-2446
e-ISSN
1804-1663
Volume of the periodical
22
Issue of the periodical within the volume
4
Country of publishing house
PL - POLAND
Number of pages
11
Pages from-to
267-277
UT code for WoS article
000908913900002
EID of the result in the Scopus database
2-s2.0-85144952023