BENEFIT-COST-CONSIDERATIONS FOR DETERMINING PRIORITIES IN AUTOMOBILE SAFETY MEASURES

The applicability of benefit-cost-analyses to the evaluation of traffic safety measures usually is taken for granted. However, a critical study of the literature and the experience gained by Volkswagen during their work on Phase 1 of the research safety vehicle program has shown that the practical application of benefit-cost-analyses poses significant problems. These problems have been shown and a method was established to overcome the difficulties. The experiences with applications of revised benefit-cost techniques revealed their usefulness as a tool in determining priorities in safety standards. The most significant result was the relative stability of the ranking order with respect to variances of the basic statistical input data or of the societal cost figures. The sensitivity analysis permits the quantification of the effect of input data uncertainties. It thus provides a basis for decisions on automobile safety standards. /Author/TRRL/

• Corporate Authors:

  International Federation of Auto Techniques Engs

  3 Avenue du President Wilson
  F 75116 Paris,   France 
• Authors:
  • SCHMIDT, R
  • Langner, W
• Publication Date: 0

Language

• English

Media Info

• Features: Figures; References; Tables;
• Pagination: 9 p.

Subject/Index Terms

• TRT Terms: Automobiles; Benefit cost analysis; Classification; Conferences; Costs; Economic factors; Injuries; Loss and damage; Safety; Safety equipment; Safety vehicles; Sociology; Standards; Statistical analysis; Strategic planning; Vehicle design; Vehicles
• Old TRIS Terms: Economic considerations
• ITRD Terms: 1057: Air transport network; 8513: Classification; 8525: Conference; 224: Cost; 226: Cost benefit analysis; 1614: Damage; 2163: Injury; 141: Priority (gen); 1665: Safety; 2253: Sociology
• Subject Areas: Data and Information Technology; Design; Economics; Finance; Highways; Safety and Human Factors; Vehicles and Equipment; I91: Vehicle Design and Safety;

Filing Info

• Accession Number: 00165648
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Report/Paper Numbers: Analytic
• Files: ITRD, TRIS
• Created Date: Mar 14 1978 12:00AM