Cost-benefit analysis for road safety investments in Belgium: case-study of a seat belt reminder system

Belgian and regional government attaches increasing importane to the matter of road safety. Economic analyses improve the allocation of scarce resources to improve road safety. Two types of eonomic analysis, cost-benefit analysis and cost-effectiveness are disussed. A comparison of costs and benefits at different moments in time discussed, with a focus on the discount rate which should be applied in cost-benefit analysis. The difficulties of valuing the victims of road crashes are discussed. It is stressed that international results can't be copied literally for belgian research. A case study... Mehr ...