Pricing Lives: Guideposts for a Safer Society

(Hardback)

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Description

How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix it Like it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalu

Reviews

"Winner of the Kulp-Wright Book Award, American Risk and Insurance Association"
"Pricing Lives is a non-technical and very informative book. I strongly recommend the book to all that in their professions must handle decisions affecting human lives. I cannot think of a more valuable treatise on this timely subject."---Per-Olov Johansson, Journal of Economics

Author Bio

W. Kip Viscusi is the University Distinguished Professor of Law, Economics, and Management at Vanderbilt University. His many books include Economics of Regulation and Antitrust and Fatal Tradeoffs: Public and Private Responsibilities for Risk.