Do Cost-Benefit Analysts Need to Attach a Dollar Value to Human

question 140

Essay

Do cost-benefit analysts need to attach a dollar value to human life when increased safety is a benefit of a proposed project?

---

Definitions:

Actual Self

The concept referring to how individuals see themselves currently.

Ought Selves

The representation of the attributes that someone believes they should possess, often influenced by societal, familial, and personal expectations.

Self-regulation

Refers to the ability of an individual to manage their emotions, thoughts, and behaviors in accordance with their goals.

Big Five

A model that outlines five broad dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.