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Responsibility, scale and the valuation of rail safety.

Covey, J. and Robinson, A. and Jones-Lee, M. and Loomes, G. (2010) 'Responsibility, scale and the valuation of rail safety.', Journal of risk and uncertainty., 40 (1). pp. 85-108.


We report the results of two stated-preference surveys (one conducted using face-to-face interviews, the other via the internet) which examined how the values people place on preventing fatalities from rail accidents are affected by the extent to which victims are responsible for their death, and the scale of the accident. The results showed that respondents placed a premium on preventing deaths which involved a failure of the rail system, rather than the irresponsible behaviour of an adult victim, though this differential was less marked when the person behaving irresponsibly was a child, rather than an adult. However, the prevention of a death in a multiple-fatality accident was not accorded a significantly higher value than the prevention of death in the single-fatality case. As far as the overall results are concerned, there was an encouragingly close correspondence between the findings of the face-to-face and internet surveys.

Item Type:Article
Keywords:Value of statistical life (VSL), Context effects, Risk characteristics, Railway safety, Person trade-off.
Full text:Full text not available from this repository.
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Record Created:08 Nov 2012 12:50
Last Modified:15 Nov 2012 14:55

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