The Value of a Life

Bengt Mattsson
Additional contact information
Bengt Mattsson: Karlstad University

Chapter 17 in Risks in Technological Systems, 2010, pp 275-291 from Springer

Abstract: Abstract In this chapter we are primarily interested in how to assign a pecuniary value to personal injuries or deaths in connection with accidents. In all decisions where risks are included, one must in some way or another consider – i.e., assign a value to, the personal injuries and deaths. To simplify matters, only deaths will be considered here in detail. Other risks can be discussed in a similar way. The numbers of people who are killed or injured in different kinds of accidents have been discussed in other chapters of this book and will not therefore be discussed here.

Keywords: Quality Adjusted Life Year; Statistical Life; Traffic Safety; Personal Injury; Slave Owner (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ssrchp:978-1-84882-641-0_17

Ordering information: This item can be ordered from
http://www.springer.com/9781848826410

DOI: 10.1007/978-1-84882-641-0_17

Access Statistics for this chapter

More chapters in Springer Series in Reliability Engineering from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().