Evaluates speed limits' effect on driver compliance with socially acceptable speeds, suggesting policy implications.
Speed limits are an important policy instrument to reduce the gap between privately preferred speeds and socially optimum speeds. This paper considers the efficiency of using speed limits as a tool to force drivers towards socially acceptable speeds. The authors show that a uniform maximum speed limit in combination with a uniform minimum speed limit has a favourable effect.
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Rietveld et al. (1998) studied this question.
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