THE ECONOMIC VALUE OF HUMAN LIFE

THE VALUE OF HUMAN LIFE EXPRESSED IN TERMS OF LIFETIME EARNINGS IS A BASIC TOOL OF THE ECONOMIST, PROGRAM PLANNER, GOVERNMENT ADMINISTRATOR AND OTHERS WHO ARE INTERESTED IN MEASURING THE SOCIAL BENEFITS ASSOCIATED WITH INVESTMENTS IN PARTICULAR PROGRAMS. THE VALUATION OF HUMAN LIVES IS A BASIC REQUIREMENT FOR THE PROPER CALCULATION OF THE BENEFITS TO BE DERIVED. THE RECENT EMPHASIS ON COST-BENEFIT ANALYSIS IN ALL OF THESE AREAS REQUIRES THAT ADEQUATE TOOLS BE PROVIDED FOR ANALYSIS. THE AIM IS TO PROVIDE IMPROVED, REFINED, COMPREHENSIVE, AND UP-TO-DATE ESTIMATES OF THE PRESENT VALUE OF LIFETIME EARNINGS IN CONSIDERABLE DETAIL ACCORDING TO AGE, SEX, COLOR, AND EDUCATIONAL LEVEL. THE SUBJECT OF THE ECONOMIC VALUE OF HUMAN LIFE APPEARS IN HIGHWAY SAFETY STUDIES AS WELL AS IN COST-BENEFIT ANALYSES IN OTHER AREAS. THIS IS A SURVEY ARTICLE WITH SUFFICIENT SCOPE TO COVER MANY OF THE DETAILED CONSIDERATIONS. /AUTHOR/

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00900036
• Supplemental Notes:
  • Vol 57, No 11, 13 PP, 3 FIG, 2 TAB, 22 REF
• Corporate Authors:

  American Public Health Association

  1740 Broadway
  New York, NY  United States  10019
• Authors:
  • Rice, D P
  • Cooper, B S
• Publication Date: 1967-11

Media Info

• Serial:
  • American Journal of Public Health
  • Publisher: American Public Health Association
  • ISSN: 0090-0036
  • EISSN: 1541-0048
  • Serial URL: http://ajph.aphapublications.org/loi/ajph

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Earnings; Economic conditions; Economic impacts; Highway safety; Human beings; Social values
• Uncontrolled Terms: Programs
• Subject Areas: Economics; Highways; Safety and Human Factors;

Filing Info

• Accession Number: 00220782
• Record Type: Publication
• Source Agency: Nat Safety Council Safety Res Info Serv
• Files: TRIS
• Created Date: Jul 27 1970 12:00AM