Samenvatting
The paper presents an economic model of speed selection for risk neutral utility maximising drivers. The model is used to discuss briefly how the most relevant political means such as the speed limit statutes, the level of policing on the roads and the magnitudes of the penalty variables influence drivers' speed selection. The paper then reviews the development of the speed level and the speed limit statutes in Norway during the last twenty years. Thereafter it focuses on the Norwegian authorities' effort to deter speeding in the 1990's. Finally, it discusses the Norwegian regulation practice in the light of the suggestions derived from models aiming to minimise the total social costs of road traffic. (A)