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?

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Definitions:

Vehicles

Modes of transportation used to carry people or goods from one place to another, including cars, buses, bicycles, and airplanes.

Fish

A member of a group of aquatic, gill-bearing animals that lack limbs with digits, typically moving through water by means of fins.

Concept

A concept embodying the essential traits of what it symbolizes.

Concrete

Referring to real, tangible objects or phenomena, as opposed to abstract concepts or ideas.