Guido Calabresi's The Costs of Accidents: a Reassessment

The Decision for Accidents: An Approach to Non- Fault Allocation of Costs

Estimation cost of occupational accidents by SACA method: A case study in one of the South Pars Gas Refinery

Introduction: Occupational accidents impose a lot of direct and indirect costs on the national economy of the country. Because, as a fact, resources are  limited  for  reducing  the  risks  and  costs  can  affect  the  optimal  investment  in  safety issues, the aim of this study was to calculate the economic costs of occupational accidents in one of the South Pars Gas Refinery, Assalouyeh, Bo...

A Review of Safety Economics Studies and Cost of Occupational Accidents in Iran from 2000 to 2021

Introduction: Due to occupational accidents, many costs are annually lost from the countries’ Gross Domestic Product (GDP). Estimating these costs can be essential for optimal investments and establishing appropriate policies in many countries, such as Iran. The present study aimed to review the studies conducted on the safety economics and the costs of accidents in Iran from 2000 to 2021. Mat...

Driving With The Brakes On: Guido Calabresi’s Failed 1970 Auto Insurance Case Against Safety-Device Mandates

Guido Calabresi’s book, THE COSTS OF ACCIDENTS, gives two contrasting examples which together prove that efficient decisions about car safety devices must be guided by individual costs. Part I of this essay reviews Calabresi’s demonstration that, if charged accurate insurance costs, Taney would invest in improved brakes and Marshall would not. To show why this demonstration fails to inform deba...

The Cost of Road Accidents in Iran

This paper gives an up-to-date estimate of the costs of road accidents in Iran. Conventional methods of estimating costs are considered together with special factors which apply to Iran. An attempt is made to quantify direct and indirect costs of accidents, including considerations relating to the exercise of Shar'ia law. The overall results show that road accidents account for between 1.4 and ...