An update of the value of life
Kip Viscusi, an economist at Harvard, has published an new updated report on his ground breaking work on the value of life. He finds:
The value of a statistical (VSL) to be about $7 million for U.S. workers. International evidence often indicates a lower VSL, which is consistent with the lower income levels in less developed countries. Canadian workers have a VSL equal to about $4.2 million.
Click here for the full report
The value of a statistical (VSL) to be about $7 million for U.S. workers. International evidence often indicates a lower VSL, which is consistent with the lower income levels in less developed countries. Canadian workers have a VSL equal to about $4.2 million.
Click here for the full report
posted by The Experts @ 9:43 AM
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