Value of Life: Unlocking Life's Intrinsic Worth, Navigating Choices in Healthcare, Ethics, Environment, and Economics

· Economic Science Book 179 · One Billion Knowledgeable
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161
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About this ebook

What is Value of Life

The value of life is an economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL). In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. In many studies the value also includes the quality of life, the expected life time remaining, as well as the earning potential of a given person especially for an after-the-fact payment in a wrongful death claim lawsuit.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Value of life


Chapter 2: Environmental economics


Chapter 3: Actuarial science


Chapter 4: Cost-effectiveness analysis


Chapter 5: Cost-benefit analysis


Chapter 6: Endowment effect


Chapter 7: Preventive healthcare


Chapter 8: Ecosystem valuation


Chapter 9: Cost-utility analysis


Chapter 10: Quality-adjusted life year


Chapter 11: Embedding effect


Chapter 12: Disability-adjusted life year


Chapter 13: Disease burden


Chapter 14: Life Quality Index


Chapter 15: Micromort


Chapter 16: BenMAP


Chapter 17: Willingness to accept


Chapter 18: Cam Donaldson


Chapter 19: W. Kip Viscusi


Chapter 20: Susana Mourato


Chapter 21: Natural resource valuation


(II) Answering the public top questions about value of life.


(III) Real world examples for the usage of value of life in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Value of Life.

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