This text describes how cost-benefit analysis is used to assess road safety measures. It outlines the main steps of cost-benefit analysis, including identifying impacts and costs/benefits of measures, monetizing impacts, and comparing costs and benefits to identify most cost-effective options. It provides guidelines for valuing impacts and examples of promising safety measures identified through cost-benefit analyses, such as roundabouts. However, it notes that cost-benefit analysis cannot be the only consideration in policymaking and other factors like equity may also need to be considered.
This text describes how cost-benefit analysis is used to assess road safety measures. It outlines the main steps of cost-benefit analysis, including identifying impacts and costs/benefits of…