Abstract
THE PAPER EXAMINES GOVERNMENT INTERVENTION IN CHILD ROAD SAFETY. A COST BENEFIT ANALYSIS IS UNDERTAKEN TO EVALUATE THE WORTH OF CHILD RESTRAINTS. THE ANALYSIS DETERMINES WHAT VALUE A PARENT MUST PLACE ON HIS OR HER CHILD BEFORE PURCHASE OR RENTAL OF A RESTRAINT YIELDS A NET ECONOMIC BENEFIT. LIFE VALUES (FOR ONE CHILD) RANGE BETWEEN $87506-$142609 FOR PURCHASE OF A RESTRAINT AND $59399-$82374 FOR RENTAL, DEPENDING ON THE DISCOUNT RATE APPLIED.(Author/publisher).