Are Some Lives More Valuable?

dc.contributor.authorMartinsson, Peterswe
dc.contributor.authorJohansson-Stenman, Olofswe
dc.contributor.departmentDepartment of Economicsswe
dc.date.accessioned2006-12-13swe
dc.date.accessioned2007-02-09T11:15:34Z
dc.date.available2007-02-09T11:15:34Z
dc.date.issued2003swe
dc.description.abstractA theoretical model of the ethical preferences of individuals is tested by conducting a choice experiment on safety-enhancing road investments. The relative value of a saved life is found to decrease with age, such that the present value of a saved year of life is almost independent of age at a pure rate of time preference of a few percent, and a saved car driver is valued 17-31% lower than a pedestrian of the same age. Moreover, individuals’ ethical preferences seem to be fairly homogenous.swe
dc.format.extent19 pagesswe
dc.format.extent161996 bytes
dc.format.mimetypeapplication/pdf
dc.gup.epcid2668swe
dc.gup.originGöteborg University. School of Business, Economics and Lawswe
dc.identifier.issn1403-2465swe
dc.identifier.urihttp://hdl.handle.net/2077/2787
dc.language.isoenswe
dc.relation.ispartofseriesWorking Papers in Economics, nr 96swe
dc.subjectEthics; social preferences; individual social welfare function; relative value of life; random ethical modelswe
dc.subject.svepPhilosophyswe
dc.titleAre Some Lives More Valuable?swe
dc.type.svepReportswe

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