Are Some Lives More Valuable?
| Martinsson, Peter | swe | |
| Johansson-Stenman, Olof | swe | |
| Department of Economics | swe | |
| 2006-12-13 | swe | |
| 2007-02-09T11:15:34Z | ||
| 2007-02-09T11:15:34Z | ||
| 2003 | swe | |
| A theoretical model of the ethical preferences of individuals is tested by conducting a choice experiment on safety-enhancing road investments. The relative value of a saved life is found to decrease with age, such that the present value of a saved year of life is almost independent of age at a pure rate of time preference of a few percent, and a saved car driver is valued 17-31% lower than a pedestrian of the same age. Moreover, individuals’ ethical preferences seem to be fairly homogenous. | swe | |
| 19 pages | swe | |
| 161996 bytes | ||
| application/pdf | ||
| 2668 | swe | |
| Göteborg University. School of Business, Economics and Law | swe | |
| 1403-2465 | swe | |
| http://hdl.handle.net/2077/2787 | ||
| en | swe | |
| Working Papers in Economics, nr 96 | swe | |
| Ethics; social preferences; individual social welfare function; relative value of life; random ethical model | swe | |
| Philosophy | swe | |
| Are Some Lives More Valuable? | swe | |
| Report | swe |
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