Accession Number : AD0648609

Title :   ECONOMICS OF SAFETY IN CIVIL AVIATION (PLANNING STUDY).

Descriptive Note : Technical rept.,

Corporate Author : FLIGHT SAFETY FOUNDATION INC NEW YORK

Personal Author(s) : Lederer,J. ; Miller,C. O. ; Schmidt,C. F.

Report Date : DEC 1963

Pagination or Media Count : 92

Abstract : Information is developed to establish a program for the prudent management of resources allocated to safety. The study lists and defines the variables that constitute: (1) The monetary investment in air safety; (2) The economic losses arising from accidents; (3) The economic returns from the investment in safety. A plan is proposed by which the variables can be assessed in terms of dollars and then used to evaluate the cost effectiveness of safety measures. The object is to optimize the expenditure of funds to improve safety. The emphasis is on air transportation. (Author)

Descriptors :   (*CIVIL AVIATION, *AVIATION SAFETY), COST EFFECTIVENESS, AIR TRANSPORTATION, ECONOMICS, MANAGEMENT PLANNING AND CONTROL, AVIATION ACCIDENTS, OPTIMIZATION

Subject Categories : Commercial and General Aviation
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE