MONETARY VALUES OF LIFE AND HEALTH

Sensible values for life and health are proposed as a substitute for the current practice of using virtually infinite value in some engineering decisions. Flood control evaluation recommended human values are based on the lifestream of earnings that would be foregone in the event of death or disability. Computing procedure is illustrated by examples. Results are compared with other sources. The technique is considered adequate for immediate use and until something better is devised.

• Corporate Authors:

  American Society of Civil Engineers

  345 East 47th Street
  New York, NY  United States  10017-2398
• Authors:
  • Buehler, B J
• Publication Date: 1975-1

Media Info

• Pagination: p. 29-47
• Serial:
  • Journal of the Hydraulics Division
  • Volume: 101
  • Issue Number: HY1
  • Publisher: American Society of Civil Engineers

Subject/Index Terms

• TRT Terms: Economics; Engineering; Flood protection; Health; Human factors; Income; Payment
• Subject Areas: Economics; Finance; Highways; Safety and Human Factors; Society;

Filing Info

• Accession Number: 00081311
• Record Type: Publication
• Report/Paper Numbers: ASCE #11047 Proc Paper
• Files: TRIS
• Created Date: Mar 26 1975 12:00AM