Have You Met Rutgers-Newark?

An Expert in Applying Math, Statistics to Transportation Safety

Rutgers University has been a key part of Peter Loeb’s life for nearly 50 years.  He earned his B.A. in economics from the Newark College of Arts & Sciences (NCAS) in 1967, then his Ph.D. in economics from Rutgers-New Brunswick in 1973, the same year that he joined the faculty of NCAS. He teaches undergraduate statistics and econometrics, and a graduate seminar in applied economics. For nine years he served as economics chair, and another nine years as director of the Graduate Program in Economics. He also was associate director of the universitywide Office of Research and Sponsored Programs.

Loeb’s expertise is applied econometrics, which uses mathematics and statistics to help make sense of economic data and for forecasting and policy evaluation.  In his case, he applies econometrics to transportation safety issues, and has testified before the New Jersey legislature and U.S. Congress on numerous transportation-safety issues, including car inspections, seatbelt use, and the influence of alcohol and cell-phone use on drivers. Loeb’s current research is on the determinants of motorcycle accidents, using classical and Bayesian statistical models.

Loeb is also a past president and current board member of the Transportation and Public Utilities Group, an international group of scholars devoted to research in transportation and utilities. Its members are primarily economists, engineers, and public-health experts from Europe, Asia and the U.S., including Nobel Prize–winners. The group shares its research at conferences of the Allied Social Science Association and the American Economic Association.

In honor of his service to Rutgers, Loeb was awarded the 2013 Rutgers Scholar/Teacher Award, which honors faculty members who have done an outstanding job integrating their research with their teaching and are models of how scholarship and love of learning can be transmitted to students.  He has also been the recipient of the Warren I. Susman Award for Excellence in Teaching as well as the NCAS Outstanding Teacher of the Year Award..

Loeb’s research has been supported by grants and contracts from the National Science Foundation and the U.S. Department of Transportation, among others.