Non-Financial Losses Incurred by a Traffic Accident Perpetrator

Author:

Miyoshi HiroakiORCID,Taguchi Satoshi,Yamamoto Tatsushi,Watanabe Shoji

Abstract

AbstractThe drivers of vehicles equipped with active-safety systems are less likely to be the responsible parties in traffic accidents. However, this benefit cannot be monetarily evaluated because monetary values for non-financial losses incurred by perpetrators have thus far been entirely unexplored. This paper estimates the value using stated-preference survey. The main finding is that monetary value for non-financial losses incurred by a perpetrator of fatal accident (for cases in which the perpetrator was 100% responsible for the accident) should be set at the level approximately equal to that of non-financial losses to an accident victim.

Publisher

Springer Science and Business Media LLC

Subject

General Neuroscience,Computer Science Applications,Software,Automotive Engineering,Applied Mathematics,Control and Systems Engineering,Aerospace Engineering,Information Systems

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