Estimating the Human Cost of Transportation Accidents: Methodologies and Policy Implications

Estimating the Human Cost of Transportation Accidents: Methodologies and Policy Implications discusses the estimation methods needed to determine the monetary value of loss of life and quality of life when evaluating transportation safety programs, policies, and projects. The book highlights the importance of these measures and how to overcome the many challenges researchers face in choosing the right values. Inappropriate values produce wrong program evaluations that result in non-optimal resource allocation. Estimating the Human Cost of Transportation Accidents looks at the different methods used in estimating loss of life and life quality, examines their strengths and weaknesses, and critically analyzes their social costs implications. It helps researchers formulate accurate social costs, select appropriate safety improvement values, and understand their limitations. Comprehensive and theoretical one-stop reference on non-market valuation methodologies, issues, and policy implications for transportation health, safety, and economics researchersHelps researchers better evaluate the true total cost of road safety programs, policies, and projects, including life quality valuation due to environmental impacts such as harmful vehicle emissionsCases studies from around the globe INDICE: 1. Components of Social Cost 2. Value of Statistical Life 3. Human Capital Value 4. Revealed Preference Approach 5. Contingent Valuation Approach 6. Direction of Risk Changes 7. Choice Model 8. Heterogeneity 9. Latency 10. International Comparisons 11. The Value of Loss of Life Quality 12. Social and Policy Cost Implications

• ISBN: 978-0-12-812611-0
• Editorial: Elsevier
• Encuadernacion: Rústica
• Páginas: 224
• Fecha Publicación: 01/11/2019
• Nº Volúmenes: 1
• Idioma: Inglés