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Mesure des effets incitatifs à la prudence au volant créés par les sanctions et évaluation du pouvoir prédictif des infractions sur le risque routier

Author

Listed:
  • Dionne, Georges

    (HEC Montreal, Canada Research Chair in Risk Management)

  • Pinquet, Jean

    (Université Paris-Nanterre)

Abstract

This report studies the incentive effects of using violations to the Road Safety Code for automobile insurance pricing. The empirical analysis with data from Quebec clearly shows that demerit points are good predictors for accidents. The empirical analysis also indicates that the drivers’ risk decreases when the risk of permit suspension increases. We finally show that the Quebec 1992 structural change in insurance pricing increases the incentives for road safety.

Suggested Citation

  • Dionne, Georges & Pinquet, Jean, 2005. "Mesure des effets incitatifs à la prudence au volant créés par les sanctions et évaluation du pouvoir prédictif des infractions sur le risque routier," Working Papers 05-6, HEC Montreal, Canada Research Chair in Risk Management.
    • Handle: RePEc:ris:crcrmw:2005_006
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    References listed on IDEAS

    as
    1. Georges Dionne & Paul Lanoie, 2004. "Public Choice about the Value of a Statistical Life for Cost-Benefit Analyses: The Case of Road Safety," Journal of Transport Economics and Policy, University of Bath, vol. 38(2), pages 247-274, May.
    2. Marcel Boyer & Georges Dionne, 1987. "Description and Analysis of the Quebec Automobile Insurance Plan," Canadian Public Policy, University of Toronto Press, vol. 13(2), pages 181-195, June.
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    More about this item

    Keywords

    Incentive effect; violation to the Road Safety Code; auto insurance pricing; accident;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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