It is indicated firstly that cost-benefit analysis can be a useful decision aiding tool in the road safety decision maker's locker before discussing one of the central issues of the application of the analysis in this field- namely the valuation of life. An attempt is made to improve the current methodology of cost-benefit analysis in road safety decision-making.
In: Road Accident Reduction for Highway Engineers and Police : proceedings of the Seminar on Road Accident Reduction for Highway Engineers and Police, held during the PTRC Summer Annual Meeting, at the University of Warwick (Stream R), on 8-12 July 1974, p. 7-15, 3 ref.
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