Pedestrian-vehicle incidents remain a critical urban safety challenge, with pedestrians accounting for over 20% of global traffic fatalities. Although existing video-based systems can detect when incidents occur, they provide little insight into how these events unfold across the distinct cognitive phases of pedestrian behavior. Recent vision-language models (VLMs) have shown strong potential for video understanding, but they remain limited in that they typically process videos in isolation, without explicit temporal structuring or multi-view integration. This paper introduces Multi-view Phase-aware Pedestrian-Vehicle Incident Reasoning (MP-PVIR), a unified framework that systematically processes multi-view video streams into structured diagnostic reports through four stages: (1) event-triggered multi-view video acquisition, (2) pedestrian behavior phase segmentation, (3) phase-specific multi-view reasoning, and (4) hierarchical synthesis and diagnostic reasoning. The framework operationalizes behavioral theory by automatically segmenting incidents into cognitive phases, performing synchronized multi-view analysis within each phase, and synthesizing results into causal chains with targeted prevention strategies. Particularly, two specialized VLMs underpin the MP-PVIR pipeline: TG-VLM for behavioral phase segmentation (mIoU = 0.4881) and PhaVR-VLM for phase-aware multi-view analysis, achieving a captioning score of 33.063 and up to 64.70% accuracy on question answering. Finally, a designated large language model is used to generate comprehensive reports detailing scene understanding, behavior interpretation, causal reasoning, and prevention recommendations. Evaluation on the Woven Traffic Safety dataset shows that MP-PVIR effectively translates multi-view video data into actionable insights, advancing AI-driven traffic safety analytics for vehicle-infrastructure cooperative systems.