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Purpose – In general, the insurance industry accepts large risks due to the frequency and severity of extreme events. Because of the short record on hazard data for such events, a large amount of uncertainty has to be dealt with. Given this large uncertainty it is important to better quantify...
Persistent link: https://www.econbiz.de/10010815098
This paper puts forward a simple idea describing the time, space and relationship scales of survival. The proposed survival spectrum concept represents a new way to think about sustainability that has clear implications for influencing engineering projects in all fields. The argument for the...
Persistent link: https://www.econbiz.de/10010697269
We analyze the impact of Election Day alcohol bans on road traffic accidents, traffic-related injuries, and alcohol-related hospitalizations. Our analysis focuses on the 2012 Municipal Elections in Brazil, during which 11 out of 27 states imposed on its 2,733 municipalities the decision to...
Persistent link: https://www.econbiz.de/10010939288
In this paper, the investigation is conducted on the relationship between the number of fatalities by dint of traffic accidents and the gross municipal product, by using the panel data whose crosssectional units are composed of municipalities in Fukuoka Prefecture in Japan. It turns out that the...
Persistent link: https://www.econbiz.de/10008541397
The focus of this paper is to discuss and compare different approaches to calculate the statistical value of life (VSL) based on survey data. In this paper, we find out that people significantly prefer to reduce the premature death related to the environmental pollution than to reduce the...
Persistent link: https://www.econbiz.de/10004980192
We examined road safety policies and trends in road traffic injuries (RTIs) in Japan between 1970 and 2008 from the viewpoints of population and high-risk-individual approaches to see what lessons can be learned from the example of a country that experienced a decline in RTIs following...
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