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

Author

Listed:
  • Bo Kyeong Lee

    (Department of Information & Industrial Engineering, Yonsei University, 50 Yonsei-ro Seodaemun-gu, Seoul 03722, Korea)

  • Eun Jin Han

    (Department of Information & Industrial Engineering, Yonsei University, 50 Yonsei-ro Seodaemun-gu, Seoul 03722, Korea)

  • So Young Sohn

    (Department of Information & Industrial Engineering, Yonsei University, 50 Yonsei-ro Seodaemun-gu, Seoul 03722, Korea)

  • Yong Sun Kim

    (Research and Development Division for Hyundai Motor Company and Kia Motors Corporation, Namyang-myun, Whasung-gun, Kyunggi-do 445-706, Korea)

  • Jong Young Yoon

    (Research and Development Division for Hyundai Motor Company and Kia Motors Corporation, Namyang-myun, Whasung-gun, Kyunggi-do 445-706, Korea)

  • Jun Yeol Choi

    (Research and Development Division for Hyundai Motor Company and Kia Motors Corporation, Namyang-myun, Whasung-gun, Kyunggi-do 445-706, Korea)

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.

Suggested Citation

  • Bo Kyeong Lee & Eun Jin Han & So Young Sohn & Yong Sun Kim & Jong Young Yoon & Jun Yeol Choi, 2017. "A Cost–Benefit Analysis to Assess the Effectiveness of Frontal Center Curtain Airbag," Sustainability, MDPI, vol. 9(10), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:10:p:1745-:d:113454
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    References listed on IDEAS

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    4. Segui-Gomez, M., 2000. "Driver air bag effectiveness by severity of the crash," American Journal of Public Health, American Public Health Association, vol. 90(10), pages 1575-1581.
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    6. Jones-Lee, M. & Aven, T., 2009. "The role of social cost–benefit analysis in societal decision-making under large uncertainties with application to robbery at a cash depot," Reliability Engineering and System Safety, Elsevier, vol. 94(12), pages 1954-1961.
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