A Cost–Benefit Analysis to Assess the Effectiveness of Frontal Center Curtain Airbag

Several new varieties of airbags are under consideration for development. However, their commercialization decision must be backed by a positive Cost-Benefit Analysis (CBA) outcome. In this study, we propose a CBA framework for the frontal center curtain airbag, a newly designed safety system intend...

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Bibliographic Details
Published in:Sustainability 2017-09, Vol.9 (10), p.1745
Main Authors: Lee, Bo, Han, Eun, Sohn, So, Kim, Yong, Yoon, Jong, Choi, Jun
Format: Article
Language:English
Subjects:
Air bags
Casualties
Commercialization
Cost benefit analysis
Decision making
Economic forecasting
Health risks
Injury analysis
Injury prevention
Market penetration
Markets
Occupant injuries
Passenger safety
Socioeconomic factors
Sustainability
Traffic accidents
Traffic accidents & safety
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Summary:Several new varieties of airbags are under consideration for development. However, their commercialization decision must be backed by a positive Cost-Benefit Analysis (CBA) outcome. In this study, we propose a CBA framework for the frontal center curtain airbag, a newly designed safety system intended to reduce the injury risk of rear-seat passengers. The proposed CBA covers not only economic benefits of the producer but also the effectiveness in sustainable reduction of the fatal and injury rate. In this context, with accumulated field data on road traffic accidents, a forecasting method reflecting the reduced casualties and the market share of vehicle sales associated with frontal center curtain airbag is utilized. Our results suggest that the use of frontal center curtain airbags helps to reduce the number of casualties with a Maximum Abbreviated Injury Scale (MAIS) of 3 or above by 87.4%. Furthermore, both the initial market penetration rate and price of the frontal center curtain airbag significantly influence its socioeconomic benefits. By evaluating the effectiveness of the frontal center curtain airbag, our study can contribute to the decision making for its commercialization.
ISSN:2071-1050
2071-1050
DOI:10.3390/su9101745