Selecting a cost-effective fire protection strategy is a complex task for a property-owner or manager, as well as for the fire safety engineer and those involved in developing fire safety codes. Without the right economic tools it is difficult to choose between a number of apparently satisfactory options. 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 techniques in action. The work covers: * the performance and effectiveness of passive fire protection measures such as structural fire resistance and means of escape facilities, and active systems such as sprinklers and detectors * the importance of educating for better understanding and implementation of fire prevention through publicity campaigns and fire brigade operations * cost-benefit analysis of fire protection measures and their combinations, taking into account trade-offs between these measures The book is essential reading for consultants and academics in construction management, economics and fire safety, as well as for insurance and risk management professionals.