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For the Purpose of Cost-Benefit Analysis, the Value of a Human

question 165

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For the purpose of cost-benefit analysis, the value of a human life is sometimes calculated on the basis of:


Definitions:

Temporal Discounting

The inclination to prioritize short-term gratification over long-term benefits.

Boots

Footwear that covers the foot and the ankle and extends up the leg, sometimes as far as the knee or even the hip.

Sale

The act of selling something, or the exchange of a commodity for money or other consideration.

Price

The amount of money expected, required, or given in payment for something.

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