Difference between revisions of "Value of human life"
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* Stefanos Zenios at Stanford Graduate School of Business<ref name="kingsbury2008">Kathleen Kingsbury. [http://content.time.com/time/health/article/0,8599,1808049,00.html "The Value of a Human Life: $129,000."] ''Time'', May 20, 2008.</ref> | * Stefanos Zenios at Stanford Graduate School of Business<ref name="kingsbury2008">Kathleen Kingsbury. [http://content.time.com/time/health/article/0,8599,1808049,00.html "The Value of a Human Life: $129,000."] ''Time'', May 20, 2008.</ref> | ||
Warren Prunella, economics professor at Canisius College, came up with one of the earliest calculations used in regulation in 1978.<ref name="frakt2020">Austin Frakt. [https://www.nytimes.com/2020/05/11/upshot/virus-price-human-life.html "Putting a Dollar Value on Life? Governments Already Do."] ''The New York Times'', May 11, 2020.</ref> | |||
Amelia Thomson-DeVeaux. [https://fivethirtyeight.com/features/what-should-the-government-spend-to-save-a-life/ "What Should The Government Spend To Save A Life?"] ''FiveThirtyEight'', March 27, 2020. | Amelia Thomson-DeVeaux. [https://fivethirtyeight.com/features/what-should-the-government-spend-to-save-a-life/ "What Should The Government Spend To Save A Life?"] ''FiveThirtyEight'', March 27, 2020. | ||
Revision as of 00:12, 23 June 2020
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Value of life (also known as value of statistical life).
In the U.S., one human life is worth roughly $10 million.[1][2] Folks who contributed to this measure:
- W. Kip Viscusi, economist at Vanderbilt University
- Kenneth Feinberg
- Stefanos Zenios at Stanford Graduate School of Business[3]
Warren Prunella, economics professor at Canisius College, came up with one of the earliest calculations used in regulation in 1978.[4]
Amelia Thomson-DeVeaux. "What Should The Government Spend To Save A Life?" FiveThirtyEight, March 27, 2020.
Frank Partnoy. "The Cost of a Human Life, Statistically Speaking." The Globalist, July 21, 2012.
References
- ↑ Sarah Gonzalez. "How Government Agencies Determine The Dollar Value Of Human Life." NPR, April 23, 2020.
- ↑ Stephen J. Dubner. "Who Decides How Much a Life Is Worth?" Freakonomics, Ep.344, August 8, 2018.
- ↑ Kathleen Kingsbury. "The Value of a Human Life: $129,000." Time, May 20, 2008.
- ↑ Austin Frakt. "Putting a Dollar Value on Life? Governments Already Do." The New York Times, May 11, 2020.
