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- W636662308 abstract "A BRIEF COMPARISON IS PRESENTED OF TWO ACCIDENT COST ESTIMATING PROCEDURES (THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION OR NHTSA METHOD, AND THE NATIONAL SAFETY COUNCILOR, OR NSC METHOD) AND THE INDIVIDUAL ITEMS THAT ARE USED IN ESTIMATING THE TOTAL COST OF MOTOR VEHICLE ACCIDENTS ARE CONSIDERED. THE NHTSA PUBLISHED AN ESTIMATE OF $46 BILLION AS THE LOSS DUE TO MOTOR VEHICLE ACCIDENTS IN 1971 WHILE THE NSC'S ESTIMATE FOR THE SAME YEAR WAS $15.8 BILLION BOTH METHODS USE THE FOLLOWING COST ELEMENTS IN THEIR ESTIMATES: WAGE LOSS, MEDICAL COSTS, PROPERTY DAMAGE, INSURANCE, ADMINISTRATION AND CLAIM COSTS, OTHER COSTS (INCLUDE FUNERAL COSTS, ASSET DEPRECIATION ETC.) THE EXTRA THREE ITEMS TAKEN INTO ACCOUNT BY THE NHTSA ARE PAIN AND SUFFERING, LOSS OF THE PERFORMANCE OF HOME AND FAMILY DUTIES, AND LOSS OF SERVICE TO THE COMMUNITY. DISCREPANCIES BETWEEN ESTIMATION OF SOME COST ELEMENTS COMMON TO BOTH METHODS ARE ANALYSED. /TRRL/" @default.
- W636662308 created "2016-06-24" @default.
- W636662308 creator A5051657280 @default.
- W636662308 date "1973-04-01" @default.
- W636662308 modified "2023-09-23" @default.
- W636662308 title "WHY THIS DIFFERENCE IN ACCIDENT PRICE TAGS?" @default.
- W636662308 hasPublicationYear "1973" @default.
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