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The effects of safety practices, technology adoption, and firm characteristics on motor carrier safety

By Sarah J. Dammen


Theory of the firm suggests that firms should maximize profit by investing in safety until the marginal cost is equal to the marginal benefit. This paper tests the relationship between firm safety performance and safety practices, safety technologies, and firm marketing strategies. By testing the impact of the safety performance marketing strategy on carrier crash rates, it can be shown that firm managers have control over the safety performance of their firm through management decisions.

Year: 2005
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