Value of a life: what difference does it make?

Journal Article

A comparison of the costs and benefits of 57 lifesaving programs reveals striking disparities across agencies and programs in cost/life saved and even greater disparities in cost/life-year saved. Within a broad range the monetary value assigned to the benefits of averting a death usually does not alter the policy implications of the analyses. The findings suggest that despite the substantial disagreements and uncertainties in the theory and practice of valuing lives, careful quantitative analysis can be helpful in setting health, safety, and environmental priorities.

Duke Authors

Cited Authors

  • Graham, JD; Vaupel, JW

Published Date

  • 1981

Published In

  • Risk Analysis

Volume / Issue

  • 1 / 1

Start / End Page

  • 89 - 95