A Survey of Methods for Estimating the Cost Value of a Human Life.
OPERATIONS RESEARCH INC SILVER SPRING MD
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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.
- Administration and Management
- Economics and Cost Analysis