A SURVEY OF METHODS FOR ESTIMATING THE COST VALUE OF A HUMAN LIFE

This report presents a literature search of existing methods and philosophies for the valuation of a human life. A survey is also made of various federal, state, and local agencies and organizations to determine how life valuation methods are currently being applied to make funding decisions within these organizations. The various methods and costing components defined by these surveys are compared and examined for potential application to Coast Guard cost-benefit analyses.

• Corporate Authors:

  Operations Research, Incorporated

  1400 Spring Street
  Silver Spring, MD  United States  20910

  United States Coast Guard

  Office of Research and Development, 400 7th Street, NW
  Washington, DC  United States  20590
• Authors:
  • CORNELL, M
  • Daniels, P
  • Kirkland, J
  • Wolff, A
• Publication Date: 1976-5

Media Info

• Pagination: 73 p.

Subject/Index Terms

• TRT Terms: Analysis; Benefit cost analysis; Benefits; Costs; Crashes; Economic analysis; Government employees; Human beings; Human factors; Insurance claims; Legal factors; Loss and damage claims; Methodology; Organizations; Present value; Research; Reviews; Risk analysis; Safety; Sociometrics; Surveys
• Identifier Terms: United States Coast Guard
• Uncontrolled Terms: Cost analysis; Value
• Old TRIS Terms: Economic analysis (Human life); Human life valuation; Life biology
• Subject Areas: Administration and Management; Economics; Finance; Law; Marine Transportation; Railroads; Research; Safety and Human Factors;

Filing Info

• Accession Number: 00137005
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: Final Rpt., USCG-D-66-76
• Contract Numbers: DOT-CG-31446-A
• Files: NTIS, TRIS
• Created Date: Aug 23 1977 12:00AM