There are many reasons to be concerned with estimating the
frequency and social costs of highway accidents, but most reasons
are motivated by a desire to minimize these costs to the extent
feasible. Competition for scarce resources is a practical
necessity, and society seeks to apply those resources where they
will do the most good. With highway crashes, given the high costs
of mis-prediction in fatalities and injuries, sound information for
prioritizing projects with limited funds is essential.
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