1st Edition

The Economics of Fire Protection

By Ganapathy Ramachandran Copyright 1998
248 Pages
by Routledge

248 Pages
by Routledge

248 Pages
by Routledge

This important new book, the first of its kind in the fire safety field, discusses the economic problems faced by decision-makers in the areas of fire safety and fire precautions. The author considers the theoretical aspects of cost-benefit analysis and other relevant economic problems with practical applications to fire protection systems. Clear examples are included to illustrate these... Read more
Fire protection economics - introduction and background. Costs and benefits - enumeration, decision maker and uncertainty. Annual costs and benefits - methods of calculation. Cost-benefit analysis. Cost-benefit evaluation of fire safety measures. Interactions and trade-offs. Decision analysis. Utility theory. Consequential/indirect loss. Monetary value of human life. Fire insurance. Fire Protection Economics. Index.

Biography

Ganapathy Ramachandran

'The time is right for a book on this topic, and Dr Ganapathy Ramachandran is one of the very few people in the world who could have done it justice. This book will become a must-have for anyone involved in public policy studies - including evaluation of proposed changes to codes and regulations - and associated risk analysis.' - Fire Safety Journal June 1999

'A particularly valuable tool to those involved in fire safety issues...' - Fire Engineer's Journal, July 2000