Pricing Lives Guideposts for a Safer Society
How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortal...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Princeton, NJ
Princeton University Press
[2018]
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| 520 | |a How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL-and persuasively shows how its more widespread use could create a safer and more equitable society for everyone.In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is | ||
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Datensatz im Suchindex
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| ctrlnum | (ZDB-23-DGG)9781400889587 (OCoLC)1104881575 (DE-599)BVBBV047416229 |
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| dewey-ones | 363 - Other social problems and services |
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| discipline | Soziologie |
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| illustrated | Illustrated |
| indexdate | 2024-12-24T08:54:24Z |
| institution | BVB |
| isbn | 9781400889587 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032817108 |
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| physical | 1 online resource (296 pages) 5 b/w illus., 5 tables |
| psigel | ZDB-23-DGG |
| publishDate | 2018 |
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| publisher | Princeton University Press |
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| spelling | Viscusi, W. Kip Verfasser aut Pricing Lives Guideposts for a Safer Society W. Kip Viscusi Princeton, NJ Princeton University Press [2018] © 2018 1 online resource (296 pages) 5 b/w illus., 5 tables txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Jul 2021) How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL-and persuasively shows how its more widespread use could create a safer and more equitable society for everyone.In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is In English BUSINESS & ECONOMICS / Government & Business bisacsh Life expectancy Valuation United States Life Economic aspects United States https://doi.org/10.23943/9781400889587 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Viscusi, W. Kip Pricing Lives Guideposts for a Safer Society BUSINESS & ECONOMICS / Government & Business bisacsh Life expectancy Valuation United States Life Economic aspects United States |
| title | Pricing Lives Guideposts for a Safer Society |
| title_auth | Pricing Lives Guideposts for a Safer Society |
| title_exact_search | Pricing Lives Guideposts for a Safer Society |
| title_full | Pricing Lives Guideposts for a Safer Society W. Kip Viscusi |
| title_fullStr | Pricing Lives Guideposts for a Safer Society W. Kip Viscusi |
| title_full_unstemmed | Pricing Lives Guideposts for a Safer Society W. Kip Viscusi |
| title_short | Pricing Lives |
| title_sort | pricing lives guideposts for a safer society |
| title_sub | Guideposts for a Safer Society |
| topic | BUSINESS & ECONOMICS / Government & Business bisacsh Life expectancy Valuation United States Life Economic aspects United States |
| topic_facet | BUSINESS & ECONOMICS / Government & Business Life expectancy Valuation United States Life Economic aspects United States |
| url | https://doi.org/10.23943/9781400889587 |
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