On measuring the value of life

J. L. FORD, Prasanta K. PATTANAIK, Xiangdong WEI

Research output: Journal PublicationsJournal Article (refereed)

2 Citations (Scopus)

Abstract

This paper demonstrates a discrepancy between the value of human life calculated on the basis of the willingness to pay of individuals and the value of human life calculated on the basis of the compensating wage differential approach.
Original languageEnglish
Pages (from-to)223-230
Number of pages8
JournalEconomics Letters
Volume49
Issue number3
DOIs
Publication statusPublished - 1 Sep 1995

Keywords

  • Value of life
  • Wage differential
  • Willingness to pay

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