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Le cacul de la valeur statistique d'une vie humaine

Author

Listed:
  • Georges Dionne

    (HEC Montreal, Canada Research Chair in Risk Management)

  • Martin Lebeau

    (Institut de recherche Robert-Sauvé en santé et en sécurité du travail)

Abstract

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.

Suggested Citation

  • Georges Dionne & Martin Lebeau, 2010. "Le cacul de la valeur statistique d'une vie humaine," Working Papers 10-7, HEC Montreal, Canada Research Chair in Risk Management.
    • Handle: RePEc:ris:crcrmw:2010_007
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    Cited by:

    1. is not listed on IDEAS
    2. Hassan Serrier & Hélène Sultan-Taieb & Danièle Luce & Sophie Bejean, 2014. "Estimating the social cost of respiratory cancer cases attributable to occupational exposures in France," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 15(6), pages 661-673, July.

    More about this item

    Keywords

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    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • J58 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Public Policy

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