CRASH COSTS AND SAFETY INVESTMENT. ASSOCIATION FOR THE ADVANCEMENT OF AUTOMOTIVE MEDICINE. PROCEEDINGS 32ND ANNUAL CONFERENCE SEATTLE, WASHINGTON, SEPTEMBER 12-14, 1988

Injury crashes cost society more than $38 billion annually. Expending up to $2.3 million to prevent one fatal crash appears to be rational public policy, although the crash costs society only $500,000. Prevention of severe, non-fatal head and spinal cord injuries warrants even larger expenditures . The estimated rational investment to prevent an average non-fatal injury crash is $22,000, while society's cost is $8,000. Rational investment levels for increased safety are estimated by summing the amount individuals typically pay for small increases in their safety and the cost the rest of society bears when someone is killed or injured, including transfer payments.

• Corporate Authors:

  Association for the Advancement of Automotive Medicine (AAAM)

  P.O. Box 4176
  Barrington, IL  United States  60011-4176
• Authors:
  • Miller, T R
  • Luchter, M S
  • Brinkman, C P
• Publication Date: 1988

Media Info

• Features: References; Tables;
• Pagination: p. 69-88

Subject/Index Terms

• TRT Terms: Costs; Crashes; Fatalities; Head; Injuries; Investments; Prevention; Safety
• Uncontrolled Terms: Accident costs; Head injuries
• Subject Areas: Economics; Finance; Highways; Safety and Human Factors; Security and Emergencies; Society; I80: Accident Studies;

Filing Info

• Accession Number: 00482571
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 30 1989 12:00AM