Crash costs and safety investment.

Author(s)
Miller, T.R. Luchter, S. & Brinkman, C.P.
Year
Abstract

Injury crashes cost society more than $38 billion annually. 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.

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Publication

Library number
B 27507 (In: B 27501 S) /84 / IRRD 817046
Source

In: Proceedings of the 32nd Annual Conference of the Association for the Advancement of Automotive Medicine AAAM, Seattle, Washington, September 12-14, 1988, p. 69-88, 27 ref.

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