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Economic evaluation of road safety measures - Swov

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Contents<br />

Acknowledgements 6<br />

1. Introduction 7<br />

2. The free market mechanism 10<br />

3. The role <strong>of</strong> government 12<br />

4. Government intervention in the market for mobility and <strong>road</strong><br />

<strong>safety</strong> 14<br />

5. Evaluation methods 17<br />

5.1. Introduction 17<br />

5.2. General characteristics <strong>of</strong> the methods 18<br />

5.3. Cost-benefit analysis 20<br />

5.4. Cost-effectiveness analysis 23<br />

5.5. Other methods 24<br />

5.5.1. Overview table methods 24<br />

5.5.2. Multi-criteria methods 25<br />

5.6. Conclusion 26<br />

6. Determining the traffic <strong>safety</strong> budget 28<br />

6.1. Options and method <strong>of</strong> <strong>evaluation</strong> 28<br />

6.2. Set up <strong>of</strong> the cost-benefit analysis 30<br />

6.3. Quantifying effects 31<br />

6.4. Appraisal <strong>of</strong> effects 32<br />

6.5. Conclusion 34<br />

7. Composition <strong>of</strong> packages <strong>of</strong> <strong>measures</strong> 35<br />

8. Conclusions and recommendations 37<br />

References 39<br />

SWOV Publication D-2000-16E 5

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