|
home / centre for automotive safety research / Publications / List / Details Publication Details| Title | Prioritising harm elimination: The effect of benefit-cost metrics and planning timeframes on perceived benefits | | Authors | Stokes CS, Woolley JE, Mongiardini M | | Year | 2019 | | Type | Conference Paper | | Abstract | Benefit-cost analysis is extensively used to justify and prioritise road infrastructure investment but its reliance, when applied to road safety initiatives, can be counter-productive. Due to their substantial costs, primary Safe System-aligned treatments that virtually eliminate harm often come with low benefit-cost ratios (BCRs) and it can take many decades for their benefits to mature. The aim of this study is to compare the benefits of high-BCR supporting treatments and low-BCR primary treatments over both short- and long-term planning timeframes. The results show that primary treatments provide greater long-term benefits but require adequate investment for these benefits to be realised. | | Conference Name | 2019 Australasian Road Safety Conference | | Conference Abbreviation | ARSC 19 | | Conference Location | Adelaide, Australia | | Conference Date | 25-27 September 2019 |
| Reference | | Stokes CS, Woolley JE, Mongiardini M (2019). Prioritising harm elimination: The effect of benefit-cost metrics and planning timeframes on perceived benefits. 2019 Australasian Road Safety Conference, Adelaide, Australia, 25-27 September 2019. |
|
