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Valuing A Life: An Assessment from Metro Manila

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  • Rosalina Palanca Tan

    ()
    (Department of Economics, Ateneo de Manila University)

Abstract

Many environmental policies and programmes help save people's lives. However, it can be difficult to assign this key benefit a value.' Because of this, mortality reduction is often not taken into account when potential projects are assessed. This omission can result in projects being undervalued and cancelled. To try and help fill this crucial information gap, a new EEPSEA study from the Philippines has calculated a 'value of life' estimate for children in Metro Manila of between US$0.70 million and US$o.80 million.

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File URL: http://www.eepsea.net/pub/pb/12179069221Lina_TanPB4.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by Economy and Environment Program for Southeast Asia (EEPSEA) in its series EEPSEA Policy Brief with number pb2008081.

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Date of creation: Aug 2008
Date of revision: Aug 2008
Handle: RePEc:eep:pbrief:pb2008081

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Keywords: Value of life; Manila;

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