Logo
Munich Personal RePEc Archive

COST BENEFIT ANALYSIS, VALUE OF A STATISTICAL LIFE AND CULTURE: CHALLENGES FOR RISK REGULATION

Marquez, Pablo (2006): COST BENEFIT ANALYSIS, VALUE OF A STATISTICAL LIFE AND CULTURE: CHALLENGES FOR RISK REGULATION.

[thumbnail of MPRA_paper_2632.pdf]
Preview
PDF
MPRA_paper_2632.pdf

Download (309kB) | Preview

Abstract

The author studies three aspects of human live valuation and its relation with cost benefit analysis and regulation. More precisely the author addresses the problem of valuation of a statistical human life and its relation with cost benefit analysis in mortality risk reduction. First, studies the debate about Valuation of a Statistical Human Life (VSL) and Cost-Benefit Analysis (CBA) in mortality risks regulation; second, deals with two challenges to CBA and VSL, these are (a) the problem of discount rates and the problem of (dis)counting of future human lives, and (b), tests if culture (represented as a set of values) has an incidence in risk preferences and therefore, in willingness to pay for life in different countries.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.