Exploring the price of motor vehicle collisions – A compensation cost approach

Motor Vehicle Collisions (MVCs) accounted for an economic cost of $242 billion in the United States in 2010. A significant portion (42%) was associated with factors considered for compensation estimates – medical costs, lost earnings and reduced household productivity. This study proposes a methodol...

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Bibliographic Details
Main Authors: Darren Shannon, Luis Rizzi, Finbarr Murphy, Martin Mullins
Format: Article
Language:English
Published: Elsevier 2020-03-01
Series:Transportation Research Interdisciplinary Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2590198220300087