Literature DB >> 16216275

On the joint valuation of averting fatal and severe injuries in highway accidents.

Pablo Hojman1, Juan de Dios Ortuzar, Luis Ignacio Rizzi.   

Abstract

INTRODUCTION: To evaluate the benefits of road transport safety projects, planners need the monetary value of averting fatal and severe injuries. Usually, contingent valuation and risk-risk studies have been used. The contexts posed by both survey techniques do not represent the choice situation a driver faces when having to choose among alternative routes with different levels of safety.
METHOD: We set up a stated choice web page survey in which individuals had to choose between two routes for a hypothetical trip between two cities; thus implicitly revealing their preferences for safety both in terms of reducing the number of fatal victims and of severely injured victims.
RESULTS: For Chilean routes we were able to estimate approximate values of US$300,000 and US$140,000 for a reduction in one fatality and one severely injured victim, respectively. IMPACTS: Our evidence could be valuable for road planners in other developing nations.

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Year:  2005        PMID: 16216275     DOI: 10.1016/j.jsr.2005.07.003

Source DB:  PubMed          Journal:  J Safety Res        ISSN: 0022-4375


  2 in total

Review 1.  The use of cost-benefit analysis in road assessments: a methodological inquiry.

Authors:  Andres I Vecino-Ortiz; Adnan A Hyder
Journal:  Inj Prev       Date:  2013-05-24       Impact factor: 2.399

2.  Trends in local newspaper reporting of London cyclist fatalities 1992-2012: the role of the media in shaping the systems dynamics of cycling.

Authors:  Alex Macmillan; Alex Roberts; James Woodcock; Rachel Aldred; Anna Goodman
Journal:  Accid Anal Prev       Date:  2015-11-10
  2 in total

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