Didn't have time to look this morning, because I had to go to w*rk. I'll take a look now. Edit to add: Now I have reviewed the proposed rule, I see that the NHTSA generally agrees with me on the cost per life saved -- between $15.9 million and $26.3 million. Taking all costs and benefits into account, they believe that the rule will have a negative return -- between negative $202 million and negative $281 million per year. That means they have accounted for the injuries, the deaths and the property damage and the rule still has no net financial benefit.If you look at the link I gave they do an analysis of costs v. Benefits which I found interesting. For example, property damage to cars is also reduced through this because people hit fewer things.
Anyway if you go to that link they do analyze the costs in great detail.
I'm a retired actuary so this type of analysis warms my heart. There's not enough of it. I've always said that if we want safer cars we could all drive around in tanks, but (thank God) the market won't support that because they'd be too expensive, wouldn't go fast enough and would probably get 2 mpg. At some point you need to make an intelligent decision about what you're spending to prevent something and whether the money would be better spent elsewhere.
I had a similar thing happen with my old Garmin bean bag friction mount.
I did fix that problem with some extra anti-slip grip tape.
Amazon.com: Incom RE3952 Black Gator Grip Anti Slip Safety Grit Tape, 4-Inch by 15-Foot: Home Improvement
Worth considering. Do either of these scratch or mark up the dash?I smeared silicone caulk all over the bottom of mine once it got slippery and that worked for a long time. As I live on a dirt road, eventually the dust worked its way into the silicone and it, too, became slippery.
Worth considering. Do either of these scratch or mark up the dash?
The dust imbedded into the tacky rubber was super fine - like talcum powder - and thus did not scratch.Worth considering. Do either of these scratch or mark up the dash?
Indeed. What the new regulation is doing already reflects directing resources to the place where they will do the most good.
Gumby did the math based on a backhanded and cynical attempt to trivialize the decision to terminate a pregnancy by claiming he'd bribe women to carry babies to term. If you considered that a serious reply and proposal, then we really have no common ground on which to converse about the topic.
Regardless, different assumptions (assigning a higher value of life than NHTSA did, and taking Gumby's partisan irrelevancies out of the calculations) yields the opposite result. Reasonable people disagree. It is critically important to understand that in order to understand what other people say to you. Clearly, that which you prefer didn't prevail in this case. That's life.
Gumby did the math based on a backhanded and cynical attempt to trivialize the decision to terminate a pregnancy by claiming he'd bribe women to carry babies to term. If you considered that a serious reply and proposal, then we really have no common ground on which to converse about the topic.
Regardless, different assumptions (assigning a higher value of life than NHTSA did, and taking Gumby's partisan irrelevancies out of the calculations) yields the opposite result. Reasonable people disagree. It is critically important to understand that in order to understand what other people say to you. Clearly, that which you prefer didn't prevail in this case. That's life.
The only thing we seem to be disagreeing on is whether backup cameras are a clear-cut best use of our funds to reduce death, injuries, and property damage. I think the question is open.
Which has pretty much been my point from the beginning. Emotion is no substitute for analysis when it comes to making public policy. A point that I believe you yourself have made many times on this forum.Originally Posted by ERD50 View Post
The only thing we seem to be disagreeing on is whether backup cameras are a clear-cut best use of our funds to reduce death, injuries, and property damage. I think the question is open.
I think the backup camera is a fine option for those who see some value in it. I don't think it should be mandatory for everyone.
The article has a link to a much bigger study of this, with hundreds of examples. Including (1993 costs):
- -child safety seats in cars, $73,000
- -flammability standards in upholstered furniture, $300
- -flammability standards in childrens clothing, size 7-14, $15,000,000
- -flammability standards in childrens clothing, size 0-6x, $220,000
- -child resistant cigarette lighters, $42,000
- -signal arms on school buses, $420,000
- -influenza vaccine age 5+ $1,300
Agreed, but you are losing me ...
Looking back, it wasn't until post #117 that you said you looked at the numbers. But in post # 111, you said:
.... So I'm lost as to how you came to the conclusion that they should not be mandatory before you looked at the numbers? It would appear to be an emotional response.
I'm still undecided, but just as I said earlier (and I'll repeat here for clarity), if your analysis was correct/close, it does strike me as a large cost relative to benefit, and I would think there are better 'bang for the buck' places to invest that money. I'm not sure what those would be offhand, but I'd bet that some experts in traffic safety have a list.
I don't think Solar Roads are one of them
-ERD50
Some numbers:
WP Article "How Much Does it Cost to Save a Life?"
From the article (1993 numbers). Figures are "dollars per life-year saved". Going this route avoids the emotional/political minefield of the surrogate mother example:
The article has a link to a much bigger study of this, with hundreds of examples. Including (1993 costs):
Smoke detectors in homes: $210,000
Widen shoulders on rural two-lane roads to 5 feet (from 2 feet): $120,000
One-time cervical cancer screening for women age 38: $1,200
Prenatal care for pregnant women: $ 2,100
If these camera systems are going to cost about $200 x 20 million new cars/trucks sold per year in the US, and if 60 lives per year will be saved (approx 50 life-years average per case, my guesstimate) by the cameras, we're at about $1 million per life-year saved. Even if we double the 1993 costs in the article to account for inflation, it is clear that LOTS of things have much more bang-for-the-buck than these backup cameras, at least until those opportunities are used up. Heck, just making everyone in a vehicle wear a $20 bicycle helmet would probably be a better payoff.
Reasonable people disagree.An argument examines facts and analyzes them to arrive at a proffered conclusion -- in this case that the proposed backup camera rule is uneconomic and should not be implemented.
Call foul all you want: Your attempt at "argument" was offensive as well fallacious. Since you disagree, we'll have to agree to disagree.It seems you are unable to comprehend that and would prefer to ascribe malicious motives to me. I call foul.
I am sure Gumby will respond.... but I think his first stmt does not relate to the mandate...
IOW, there are people who will value the backup camera more than $100... and would pay the extra money to have one... not a mandate... but it has 'value' to them...
I am sure Gumby will respond.... but I think his first stmt does not relate to the mandate...
IOW, there are people who will value the backup camera more than $100... and would pay the extra money to have one... not a mandate... but it has 'value' to them...
Thanks to Samclem and Gumby. I thought putting numbers to this exercise was useful and enlightening. It's not an off-topic discussion, the cost estimates being used don't include repair. I don't know if backup camera will have a higher failure rate than ABS or seat belt but I suspect yes and guess costly repair was not part of the calculation.
I am sure Gumby will respond.... but I think his first stmt does not relate to the mandate...
IOW, there are people who will value the backup camera more than $100... and would pay the extra money to have one... not a mandate... but it has 'value' to them...