Estimating the Value of Statistical Life in a Road Safety Context Based on the Contingent Valuation Method

A cost-benefit analysis in a road safety context fundamentally analyzes the advantage of higher safety or lower risk. It can help determine if increasing spending on road safety programs is cost-effective. This study estimates the value of statistical life (VSL)—the amount of money that might be jus...

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Bibliographic Details
Main Authors: Anteneh Afework Mekonnen, Abebe Dress Beza, Tibor Sipos
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2022/3047794
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