Trading service quality for safety: a cautionary tale from the French ‘Robien law’ on elevator safety

To deal with elevator accidents the French ‘Robien law’ mandated safety upgrades for ‘old’ elevators. Available statistics suggest that the law reduced fatal accidents but also coincides with an unprecedented deterioration in service quality, multiplying breakdowns and downtime. We exploit a unique...

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Veröffentlicht in:	Journal of regulatory economics 2018-02, Vol.53 (1), p.20-36
Hauptverfasser:	Chever, Lisa, Klien, Michael
Format:	Artikel
Sprache:	eng
Schlagworte:	Accidents Deterioration Economics Economics and Finance Elevators & escalators Fatal accidents Industrial Organization Legislation Microeconomics Original Article Public Finance Quality of service Safety Trading
Online-Zugang:	Volltext
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