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Social and Behavioral Sciences Commons

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Articles 1 - 4 of 4

Full-Text Articles in Social and Behavioral Sciences

Speed Variance, Enforcement, And The Optimal Speed Limit, Philip E. Graves, Dwight Lee, Robert L. Sexton Dec 1992

Speed Variance, Enforcement, And The Optimal Speed Limit, Philip E. Graves, Dwight Lee, Robert L. Sexton

Robert L Sexton

A model of the optimal speed limit is developed which explicitly recognizes the roles of average speed, speed variance, and the level of enforcement. An unusual result emerges, namely that a higher speed limit may be optimal when reducing the variance in highway speeds reduces accident externalities.


The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee Dec 1992

The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee

Robert L Sexton

There is no abstract for this brief contribution.


The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee Dec 1992

The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee

Robert L Sexton

There is no abstract for this brief contribution.


The Short- And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves Dec 1992

The Short- And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves

Robert L Sexton

No abstract provided.