THE VALUE OF PREVENTING NON-FATAL ROAD INJURIES: FINDINGS OF A WILLINGNESS-TO-PAY NATIONAL SAMPLE SURVEY

In 1988 the Department of Transport reviewed its valuation of a fatal casualty arising from a road traffic accident (see IRRD 816786). As a result a valuation based on willingness to pay (WTP) criterion was introduced, and a figure of U500,000 in 1987 prices was adopted. Following this it became necessary to revalue serious non-fatal and slight injuries. This report presents the results of one of two studies commissioned by TRL into the revaluation of non-fatal casualty costs on behalf of the Department of Transport. The alternative study, (Ives et al 1993, see IRRD 857397) reports the results of the application of relative utility loss methodologies to this problem. This report presents the resutls of a national sample survey of people's WTP to reduce the risk of a serious injury in a road traffic accident. It describes the testing of various elicitation procedures, the development of the national sample survey, questionnaire design and the analysis of the responses. It then presents the results of the national sample survey and after discussion recommends values to the Department of Transport.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/09684107
• Corporate Authors:

  TRL

  Crowthorne House, Nine Mile Ride
  Wokingham, Berkshire  United Kingdom  RG40 3GA
• Authors:
  • JONES-LEE, M
  • Loomes, G
  • O'Reilly, D
  • PHILIPS, P
• Publication Date: 1993

Language

• English

Media Info

• Features: References;
• Pagination: 70 p.
• Serial:
  • TRL Contractor Report
  • Issue Number: CR 330
  • Publisher: Transport and Road Research Laboratory (TRRL)
  • ISSN: 0968-4107

Subject/Index Terms

• TRT Terms: Attitudes; Costs; Crash severity; Crashes; Highways; Injuries; Injury severity; Interviewing; Methodology
• Subject Areas: Finance; Highways; Safety and Human Factors;

Filing Info

• Accession Number: 00632861
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD
• Created Date: Jul 1 1993 12:00AM