The effect of the car-parazzi system on traffic accidents in Korea |
| |
| Authors: | Sunku Hahn Yun Jeong Choi Won-Sin Kim |
| |
| Institution: | 1. School of Economics, Yonsei University, Seodaemun-Gu, Seoul, Korea;2. General Insurance Association of Korea, Seoul, Korea |
| |
| Abstract: | In 2001 and 2002, the Korean government rewarded around $3 to civilians who photograph and report violations of traffic rules. This so-called ‘car-parazzi system’ was such a success with well over 4 million cases reported until its abolition. Our empirical results found that the car-parazzi system was much effective in significantly reducing the death tolls by traffic accidents. |
| |
| Keywords: | Traffic accidents incentive system monitoring |
|
|
