Le calcul de la valeur statistique d'une vie humaine
[Estimation of statistical value of life]
Our society faces many risks that affect human life. Cost-benefit analysis is a very popular project-evaluation tool for reducing these social risks. The government has to set projects or regulations whose benefits will outweigh costs. It is quite easy to evaluate costs but how to evaluate the benefits linked to protecting human life? Since the 1970s, many values of life have been estimated with different methods. The wide variability of the results range from 0,5 million up to 50 million ($US, 2000). The main goal of this study is to analyze the source of this variability in results. We also want to determine a reasonable value for public decision making.
|Date of creation:||09 Nov 2010|
|Date of revision:|
|Publication status:||Published in L'Actualité économique 4.86(2010): pp. 487-530|
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