An alternative approach to trend analysis in accident data

Kvaløy, J.T. and T. Aven

Reliability Engineering and System Safety, 2005, vol. 90, issue 1, 75-82

Abstract: Traditional statistical theory is the most common tool used for trend analysis in accident data. In this paper, we point at some serious problems in using this theory in a practical safety management setting. An alternative approach is presented and discussed in which focus is on observable quantities and expressing uncertainties regarding these rather than on hypothetical probability distributions.

Keywords: Trend analysis; Accident data; Risk analysis; Predictive Bayesian approach (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:90:y:2005:i:1:p:75-82

DOI: 10.1016/j.ress.2004.10.010

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