Value of human life

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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]

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

  1. Sarah Gonzalez. "How Government Agencies Determine The Dollar Value Of Human Life." NPR, April 23, 2020.
  2. Stephen J. Dubner. "Who Decides How Much a Life Is Worth?" Freakonomics, Ep.344, August 8, 2018.
  3. Kathleen Kingsbury. "The Value of a Human Life: $129,000." Time, May 20, 2008.