Valuing prevention of a death on the roads: A european perspective

Speaker: Richard Allsop, Visiting Professor of Transport, TORG

Location: Cassie 2.32
Time/Date: 9th May 2012, 13:00 - 14:00

In the first half of 2011, the European Transport Safety Council (ETSC), as part of its road safety performance index programme PIN, took stock of the reduction in road deaths in the EU over the period 2001-2010, for which a target to reduce deaths by 50% had been in place. In the course of this, ETSC revised its estimate of the monetary value of the socio-economic benefit that would arise across the EU if all road traffic accidents could be prevented. Central to that estimate is the monetary value to be attached to preventing the death of an unknown individual, or valuation of prevention of a fatality (VPF). Different countries use different valuations, and the speaker led a working group to consider these valuations and recommend a common valuation for use by ETSC, and others who wish to, in the context of formulating and implementing road safety policy at the EU level.The process of doing this and application of the result will be discussed.

Richard Allsop
Richard Allsop is Emeritus Professor of Transport Studies at University College London (UCL), where he contributed to research, consultancy, advisory work and postgraduate training, having been the Head of Transport Studies at UCL from 1976 until 1997. His principal personal research interests are in road traffic management and road safety, but he has also directed and contributed to research in a range of other aspects of transport studies. Since handing on the leadership of transport studies at UCL to younger colleagues, he has combined continuing research with a widening national and international advisory role, especially on road safety policy and its implementation.

Newcastle University welcomed Richard Allsop back when he retired from UCL in 2005.

Richard actually led the establishment of transport research at Newcastle nearly 40 years ago. He is available to support the safety research portfolio and mentor early stage researchers.

Published: 10th March 2012