The disutility of driving below the speed limit on highways

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

The disutility of driving below the speed limit on highways

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

The disutility of driving below the speed limit on highways

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/EF16_026%2F0008430" target="_blank" >EF16_026/0008430: Nová mobilita - vysokorychlostní dopravní systémy a dopravní chování populace</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Národohospodářský obzor - Review of Economic Perspectives

ISSN

1213-2446

e-ISSN

1804-1663

Svazek periodika

22

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

11

Strana od-do

267-277

Kód UT WoS článku

000908913900002

EID výsledku v databázi Scopus

2-s2.0-85144952023