United States Department of Transportation
i
A Methodology for Evaluating the Economic Impacts of Applying Railroad Safety Standards. Volume 2
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1974-10-01
[PDF-8.82 MB]
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Edition:Volume 2
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Abstract:This manual is intended as a working document for Federal Railroad Administration personnel, and provides step-by-step procedures which are intended for use in determining the economic impact of proposed railroad safety standards. It is a companion piece to Volume I, the Final Report. The procedural framework described is broad enough to encompass safety standards in equipment, track, and human factors standards. At the same time, the details and examples are fairly specific in order to present insight into the techniques and problems which might be encountered. In developing this manual, high priority was placed on presenting workable procedures that can be used immediately for economic impact evaluation. Special attention is given to accidents and accident prediction, discounting, quantification problems and the role of sensitivity analysis. A completely worked example is presented in the appendix. Portions of this document are not fully legible.
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Content Notes:Volume 2 of 2
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