The Value of Life and the Value of Population

John Broome

Journal of Population Economics, 1996, vol. 9, issue 1, 3-18

Abstract: This paper first distinguishes structured and unstructured approaches to valuing life. The unstructured approach bases its valuations on people's raw preferences, whereas the structured approach imposes a theoretical framework about the structure of value. The paper recommends the structured approach. This opens the way to considering the value of adding people to the population. The paper examines a common intuition that adding people is not in itself valuable, and explains the difficulties this intuition encounters.

Date: 1996
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