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Modeling of the Effective Levels of Traffic Violation Fines  

Jang, Il-Jun (삼성교통안전문화연구소)
Publication Information
Journal of Korean Society of Transportation / v.27, no.3, 2009 , pp. 111-118 More about this Journal
Abstract
Factors causing traffic accidents are various and traffic law violations can be among them. The efforts to increase traffic law obedience rates of drivers are common in many other countries to reduce traffic accidents, and one of generally applied methods is to increase the amounts of violation fines. Expensive levels of traffic law violation fines could have drivers choose "obey the law" in their decision-making stages since they are economically better-off by following the law. In this sense, this study has developed an economic model to verify whether the current levels of the traffic violation fines of Korea are effective for drivers to choose "obey-the-law" decisions. Speed violations and traffic signal violations have been selected for the case study to verify the relationships between "expected probabilities of being-caught" and "levels of violations fines".
Keywords
Traffic Law Enforcement; Drivers' Expected Utility; Traffic Violation Fine; Speed Violation; Traffic Signal Violation;
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