ECONOMIC ANALYSIS OF ROAD ACCIDENT COST FOR CHENNAI CITY, INDIAK. NACHIMUTHU AND P. PARTHEEBANAbstract Road accidents and its causes are the major problem of the human life in modern world. The accidents affect the human and world economic status. This paper deals with prediction of road accident cost estimation for Chennai city using system simulation model. In this study, the simulation road accident cost prediction model is developed from the base year 2010. Chennai City road accident data was collected from 2006 to 2012 from Chennai city traffic police. In this research an attempt is made to identify the various factors such as unit cost of fatal accident, vehicle damages and future consumption loss. The road accident cost prediction model was developed using STELLA software. The outcome of the study is highly useful for the retrieval of road accidents cost for Chennai.
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