A cost-benefit analysis to assess the effectiveness of frontal center curtain airbag

Bo Kyeong Lee, Eun Jin Han, So Young Sohn, Yong Sun Kim, Jong Young Yoon, Jun Yeol Choi

Research output: Contribution to journalArticle

Abstract

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.

Original languageEnglish
Article number1745
JournalSustainability (Switzerland)
Volume9
Issue number10
DOIs
Publication statusPublished - 2017 Sep 27

Fingerprint

Cost benefit analysis
cost-benefit analysis
Highway accidents
commercialization
forecasting method
market
traffic accident
market share
road traffic
Seats
Security systems
sales
producer
Sales
penetration
Decision making
decision making
Economics
economics
rate

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Renewable Energy, Sustainability and the Environment
  • Management, Monitoring, Policy and Law

Cite this

Lee, Bo Kyeong ; Han, Eun Jin ; Sohn, So Young ; Kim, Yong Sun ; Yoon, Jong Young ; Choi, Jun Yeol. / A cost-benefit analysis to assess the effectiveness of frontal center curtain airbag. In: Sustainability (Switzerland). 2017 ; Vol. 9, No. 10.
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A cost-benefit analysis to assess the effectiveness of frontal center curtain airbag. / Lee, Bo Kyeong; Han, Eun Jin; Sohn, So Young; Kim, Yong Sun; Yoon, Jong Young; Choi, Jun Yeol.

In: Sustainability (Switzerland), Vol. 9, No. 10, 1745, 27.09.2017.

Research output: Contribution to journalArticle

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