COST OF TRAFFIC ACCIDENTS AND THE VALUATION OF ACCIDENT-PREVENTION IN DEVELOPING COUNTRIES.

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Authors: Hills, P.J. and Jones-Lee, M.W.

Pages: 189-196

The following topics are discussed: the need for an accident costing/valuation methodology; the different approaches to accident costing/valuation; the relevance and feasibility of alternative costing/valuation procedures for Developing Countries; and sensitivity tests. The results of a sensitivity exercise indicate that the size of accident-costs or values of accident-prevention can have a marked effect both on the ranking of transport projects and on the magnitude of net benefits generated by any given project.

The data on this page was last updated at 04:57 on June 24, 2019.