At a time when the authorities in many countries are beginning to set still more ambitious targets for those policies, the Round Table highlights the need for measures that are effective over the long term and economically efficient.
In economic appraisals of road safety measures, determining which method to use for the valuation of those measures is a problem. There are two methods open to us. Remarkably, one accurately measures a non-relevant concept (the human capital method), while the other measures the correct parameter, but not very accurately (the willingness-to-pay method). The Round Table examined the many complementary aspects of the two and found that what was needed, above all, were practical guides for each method. The Round Table noted that values for human life are highly comparable from one mode of transp.
The Road Research Group was established to review the most appropriate techniques for the assessment of the effectiveness of safety measures and the determination of their relative priorities. The study, in which experts from 15 countries participated, examines the issue of identifying traffic safety measures in the present context of policy and decision-making in this field, and sets forth the various criteria for assessing their impacts. The major part of this study is devoted to methods of determining effectiveness of counter-measures as well as techniques of evaluation and priority setting. The group also attempted to review current use of evaluation procedures in Member countries, presenting a number of examples of evaluations recently carried out. A list of conclusions and recommendations for those responsible for decision-making in the field of traffic safety and the implementation of accident countermeasures as well as a compilation of further research needs.