HORTATIONS ON THE USE OF ACCIDENT COST DATA

This paper's intention is to bring to the practitioner the ideas and concepts involved in the derivation of 'standardized' costs and the application if standardized costs per accident for accident type groups. The use of the Accident Type Method is compared with the Accident Severity Technique. The latter technique is deemed to be flawed as it mixes standardized costs with ex-post outcomes rather than ex-post costs with the ex-post outcomes or standardized costs with standardized outcomes. The accident type method is proposed for adoption in project plannig and evaluation.

  • Availability:
  • Corporate Authors:

    Printerhall Limited

    29 Newmart Street
    London W1P 3PE,   England 
  • Authors:
    • ANDREASSEN, D
  • Publication Date: 1992-5

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Filing Info

  • Accession Number: 00622791
  • Record Type: Publication
  • Files: TRIS, ATRI
  • Created Date: Jun 30 1992 12:00AM