Mackie, PeterNellthorp, JohnLaird, James2012-08-132012-08-132005-01https://hdl.handle.net/10986/11799The objective of this note is to advise on a desired and workable method that can be used to place values on accident reduction. The first section of this note identifies the need to categorize accidents if accidents are to be valued, and suggests a method of categorization. Following, it identifies the components of cost that make up total accident costs, while further sections suggest methods that can be used to value casualty related costs, and incident related costs. Other Sections discuss how accident valuation may vary between modes, and suggest that accident valuations are consistent with those utilized in other Bank projects (e.g. health projects). Final Sections discuss the manner that accident costs vary with time, and the relationship between the valuation and the accident prediction m model. The final Section summarizes the principal recommendations of the note.CC BY 3.0 IGOACCIDENTACCIDENT ANALYSISACCIDENT COSTSACCIDENT PREVENTIONACCIDENT RATEACCIDENT RATESACCIDENT REDUCTIONACCIDENTSAIR POLLUTIONAMBULANCE SERVICEAMBULANCESAVERAGE COSTSCASUALTIESCOST BENEFIT ANALYSISCYCLINGCYCLISTSDISCOUNTED VALUEELASTICITYEMERGENCY SERVICESFATALITIESFIREFOOTPATHSFRAMEWORKFREIGHTGNPGOALHDM4HIGHWAYHUMAN CAPITALINCOMEINJURIESINSURANCEINSURANCE COMPANIESLOCAL AUTHORITIESMIDDLE INCOME COUNTRIESMORTALITYNUMBER OF ACCIDENTSPASSENGERSPEDESTRIANSPER CAPITA INCOMEPIARCPOLICEPURCHASING POWERRATESRISK ANALYSISRISK AVERSERISK NEUTRALROAD ACCIDENTSROAD PROJECTROAD SAFETYROAD TRAFFICROAD USERSSAFETYSAFETY IMPROVEMENTSERIOUS INJURIESSHOULDERSSIGNSSLOW TRAFFICSTREET FURNITURETOTAL COSTSTRAFFICTRAFFIC ACCIDENTSTRAFFIC FLOWTRAFFIC VOLUMESTRANSPORTTRANSPORT ECONOMICSTRANSPORT INFRASTRUCTURETRANSPORT PROJECTSTRANSPORT SECTORTRANSPORT USERSTRAVEL TIMEVALUATIONVALUE OF TIMEVEHICLESWAGE RATESWALKINGWEALTHWorld Bank10.1596/11799