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    STP762

    Legal and Economic Criteria for Test-Based Fire Risk Assessment

    Published: 0


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    Abstract

    This paper defines test-based fire risk assessment as it is used for economic and legal analysis. Its economic use is illustrated by cost-benefit and risk-benefit techniques. Its legal use is discussed in the context of tort liability, contracts, and regulation. In both areas, there is a need for definition of the risks being measured, the confidence in the result, and the type of assessment and data being produced.

    Keywords:

    legal, economic, risk-benefit analysis, cost-benefit analysis, tort liability, contracts, regulation, fire risk assessment


    Author Information:

    Brannigan, VM
    Assistant professor and professor, University of Maryland, College Park, Md.

    Dardis, R
    Assistant professor and professor, University of Maryland, College Park, Md.


    Committee/Subcommittee: E05.35

    DOI: 10.1520/STP33489S