Economic Decision Making in Fire and Electrical Safety

Workshop Report: Economic Decision Making in Fire and Electrical Safety – A Workshop on the Needs and Resources (PDF)
Author: NFPA’s Research Division

Today’s fire departments and other fire and electrical safety advocates are focused on reducing the overall risk through a combination of protection, prevention, and other programs. They seek tools to evaluate the socio-economic benefit of these interventions, to inform policy decisions with cost-benefit information on this aspect of safety.  On August 17, 2016 NFPA conducted a one day workshop to explore the resources currently in the fire and electrical safety community, what we might learn from other fields of endeavor that are exploring related questions, and most importantly hear from our stakeholders about their needs in this regard.  The outcome was a prioritized roadmap of research activities designed to meet those needs.