Leseprobe
Table of Contents
1 Introduction
2 Two opposing philosophical standpoints
2.1 Arguments against monetary valuation of human life
2.1 Arguments for the need of monetary valuation of human life
3 Approaches to construct a monetary measure of human life
3.1 Future Earnings
3.2 Revealed Preferences Methods
3.2.1 Hedonic wage methodology
3.2.2 Willingness-to-pay estimates
3.3 Discussion
4 Application of VSL measures in public policy
4.1 Application of VSL in U.S., Canada, UK
4.2 The role of cost-effectiveness in public interventions – a critique
4.2.1 Cost-effectiveness of U.S. Government regulations (1970-1990)
4.2.2 Implicit VSL estimates in public interventions in The Netherlands
4.3 The fallacies of calls for cost-effectiveness cut-offs
4.4 Limitations of VSL-based assessment: cost-effectiveness of H1N1 interventions
5 Summary & Conclusion
Bibliography
- Arbeit zitieren
- Julia Kropeit (Autor:in), 2012, Application of VSL Estimates in Public Investment Decisions. Are we saving lives cost-effectively?, München, GRIN Verlag, https://www.grin.com/document/1275902
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