Are Some Lives More Valuable?

Martinsson, Peterswe
Johansson-Stenman, Olofswe
Department of Economicsswe
2006-12-13swe
2007-02-09T11:15:34Z
2007-02-09T11:15:34Z
2003swe
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 pagesswe
161996 bytes
application/pdf
2668swe
Göteborg University. School of Business, Economics and Lawswe
1403-2465swe
http://hdl.handle.net/2077/2787
enswe
Working Papers in Economics, nr 96swe
Ethics; social preferences; individual social welfare function; relative value of life; random ethical modelswe
Philosophyswe
Are Some Lives More Valuable?swe
Reportswe

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