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Sustainability 2017, 9(10), 1745; doi:10.3390/su9101745

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

1
Department of Information & Industrial Engineering, Yonsei University, 50 Yonsei-ro Seodaemun-gu, Seoul 03722, Korea
2
Research and Development Division for Hyundai Motor Company and Kia Motors Corporation, Namyang-myun, Whasung-gun, Kyunggi-do 445-706, Korea
*
Author to whom correspondence should be addressed.
Received: 3 August 2017 / Revised: 20 September 2017 / Accepted: 20 September 2017 / Published: 27 September 2017
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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. View Full-Text
Keywords: frontal center curtain airbag; vehicle safety system; Cost–Benefit Analysis frontal center curtain airbag; vehicle safety system; Cost–Benefit Analysis
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MDPI and ACS Style

Lee, B.K.; Han, E.J.; Sohn, S.Y.; Kim, Y.S.; Yoon, J.Y.; Choi, J.Y. A Cost–Benefit Analysis to Assess the Effectiveness of Frontal Center Curtain Airbag. Sustainability 2017, 9, 1745.

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