TY  - JOUR
PY  - 1992//
TI  - Hortations on the use of accident cost data
JO  - Traffic engineering and control
A1  - Andreassen, D.
SP  - 318
EP  - 321
VL  - 33
IS  - 5
N2  - This paper's intention is to bring to the practitioner the ideas and concepts involved in the derivation of 'standardised' costs and the application of standardised costs per accident for accident type groups. The use of the Accident Type Method is compared with the Accident Severity Technique. The latter technique is deemed to be flawed as it mixes standardised costs with ex-post outcomes rather than ex-post costs with the ex-post outcomes or standardised costs with standardised outcomes. A worked example for the installation of traffic signals shows that the Accident Type Method has a Benefit/Cost ratio that is 10 to 1 compared with 1.3 to 1 for the Accident Severity Method. The Accident Type Method produces a Net Present Worth that is 28 times that for the Accident Severity Technique. The Accident Type Method is proposed for adoption in project planning and evaluation.<p />
LA  - 
SN  - 0041-0683
UR  - http://dx.doi.org/
ID  - ref1
ER  -