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Value of a Life: What Difference Does It Make?1
- Source :
- Risk Analysis. 1:89-95
- Publication Year :
- 1981
- Publisher :
- Wiley, 1981.
-
Abstract
- A comparison of the costs and benefits of 57 lifesaving programs reveals striking disparities across agencies and programs in cost/life saved and even greater disparities in cost/life-year saved. Within a broad range the monetary value assigned to the benefits of averting a death usually does not alter the policy implications of the analyses. The findings suggest that despite the substantial disagreements and uncertainties in the theory and practice of valuing lives, careful quantitative analysis can be helpful in setting health, safety, and environmental priorities.
- Subjects :
- Value (ethics)
Actuarial science
Cost–benefit analysis
Public economics
Quantitative analysis (finance)
Monetary value
Physiology (medical)
parasitic diseases
Economics
Cost-effectiveness analysis
Price of stability
Safety, Risk, Reliability and Quality
health care economics and organizations
Subjects
Details
- ISSN :
- 15396924 and 02724332
- Volume :
- 1
- Database :
- OpenAIRE
- Journal :
- Risk Analysis
- Accession number :
- edsair.doi...........26057dc61b32584575caf3d8cf02a0db