Preliminary Report on Evaluating Alternatives for Reducing Upholstered Furniture Fire Losses

Download or read book Preliminary Report on Evaluating Alternatives for Reducing Upholstered Furniture Fire Losses written by Benjamin Buchbinder and published by . This book was released on 1977 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers in areas of public safety, including fire safety, are continually confronted with the need to select among several courses of action in setting policy to reduce accidental losses. Such decisions should be based on a systematic consideration of all benefits, risks, and costs. However, because of the complexity of safety problems and the uncertainties inherent in the evaluation of strategies for reducing accidental losses, the choice among strategies is difficult. To assist in this regard we are developing an analytical technique for use in assessing the risks and avoided dam- ages associated with different fire safety alternatives. A comprehensive technique for assessing the total economic costs of the different alternatives must also be developed. These loss and cost assessments will then be combined in an analytical framework to provide a systematic basis for choosing the most cost effective strategy for addressing a particular fire problem. This paper outlines an analytical framework for evaluating alternative intervention strategies for reducing upholstered furniture fire losses. Although work on this project is continuing, enough progress has been made to allow us to outline the basic structure of the model and to demonstrate its potential for analyzing the consequences of alternative strategies for reducing such losses. We illustrate the use of the model by evaluating one possible intervention strategy: the proposed upholstered furniture standard currently under consideration by the Consumer Product Safety Commission. More complete documentation of the model and the results of this analysis will be presented in a forthcoming report.