TY - JOUR PY - 1994// TI - The Value of Road Safety: UK Research on the Valuation of Preventing Non-Fatal Injuries JO - Journal of transport economics and policy A1 - O'Reilly, Dermot A1 - Hopkin, Jean A1 - Loomes, Graham A1 - Jones-Lee, Michael W. A1 - Phillips, P. A1 - McMahon, Katherine A1 - Ives, D A1 - Soby, B A1 - Ball, D. A1 - Kemp, Rosalind SP - 45 EP - 59 VL - 28 IS - 1 N2 - Since 1988, the UK Department of Transport 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 results, which show the value of injury in relation to the value of a fatality and the value for the prevention of serious road accident injuries, will apply in future DoT appraisals.

LA - SN - 0022-5258 UR - http://dx.doi.org/ ID - ref1 ER -