This paper presents preliminary results from a pilot project designed to test the utility of applying decision analysis to fire hazard problems. To test the methodology, an analysis is being performed to determine the effectiveness and economic consequences of alternative Intervention strategies for reducing upholstered furniture fire losses in residences. A probabilistic model has been developed to assess quantitatively the expected fire losses under each alternative. This paper describes the analysis on one alternative: the proposed upholstered furniture standard currently under consideration by the Consumer Product Safety Commission. The loss model for this alternative is described in some detail. Preliminary results on costs, losses, and cost plus loss to society and the present value of these quantities are presented.A subsequent report will update this analysis with revised data, and present a comparison of the proposed standard with other alternative strategies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.