Safety As Access
David Levinson
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David Levinson: TransportLab, School of Civil Engineering, University of Sydney
Working Papers from University of Minnesota: Nexus Research Group
Abstract:
This paper extends the General Theory of Access by explicitly accounting for safety. Using a capability approach, we show how crash probability and severity systematically reduce lifecycle access via a severity-weighted impairment multiplier. The resulting safety-adjusted access can be monetised in appraisal, avoiding double counting relative to conventional Value of Statistical Life (VSL) methods.
Keywords: transportation; accessibility; traffic safety (search for similar items in EconPapers)
JEL-codes: R40 (search for similar items in EconPapers)
Date: 2025
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Published in Findings
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https://doi.org/10.32866/001c.144038 Published version landing page, 2025 (text/html)
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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:paper-2025-06
DOI: 10.32866/001c.144038
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