Abstract
Since 1988, the UK Department of Transport (DoT) has valued the prevention of fatal road accident casualties on the basis of Willingness-To-Pay (WTP). To provide equivalent information for the value of avoidance of serious injuries, a national sample WTP survey and a Relative Utility Loss study were undertaken. The studies are described and compared; the results show the value of injury in relation to the value of a fatality and the value for the prevention of serious road accident injuries which will apply in future DoT appraisals. In 1992 prices the DoT value of preventing a 'serious' non-fatal road injury has been set at #74,480, inclusive of avoided direct economic costs.