ASSESSMENT OF TECHNIQUES FOR COST-EFFECTIVENESS OF HIGHWAY ACCIDENT COUNTERMEASURES. EXECUTIVE SUMMARY
Improved cost-effectiveness techniques are developed for evaluating highway safety programs. These improved techniques include: better methods of determining accident costs; statistical procedures for calculating accident costs; consistent system for evaluating accident cost and countermeasure effectiveness; and improved incremental benefit-cost algorithm for ranking safety projects. In addition to developing improved cost-effectiveness techniques the report reviews selected accident countermeasure studies and provides a critique of current procedures for evaluating safety programs. Three techniques are recommended for use in allocating safety funds: incremental benefit-cost, with improved algorithm; dynamic programming; and integer programming.
-
Corporate Authors:
Texas Transportation Institute
Texas A&M University System, 1600 E Lamar Boulevard
Arlington, TX United States 76011Federal Highway Administration
Office of Research, 1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- McFarland, W F
- Griffin, L I
- Rollins, J B
- Stockton, W R
- Phillips, D T
- Dudek, C L
- Publication Date: 1979-1
Media Info
- Pagination: 18 p.
Subject/Index Terms
- TRT Terms: Algorithms; Benefit cost analysis; Cost effectiveness; Costs; Countermeasures; Crashes; Dynamic programming; Evaluation; Highway safety; Integer programming; Safety programs; Statistical analysis; Traffic crashes
- Uncontrolled Terms: Accident costs; Fund allocations
- Subject Areas: Data and Information Technology; Finance; Highways; Safety and Human Factors; I10: Economics and Administration;
Filing Info
- Accession Number: 00457084
- Record Type: Publication
- Source Agency: Federal Highway Administration
- Report/Paper Numbers: HS-027 151, FCP 31X-2012
- Contract Numbers: DOT-FH-11-9243
- Files: TRIS, USDOT
- Created Date: Jul 31 1990 12:00AM