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Can one estimate the value of life or is it better to be dead than stuck in traffic?

Hauer, E.·1994·Transportation Research Part A: Policy and Practice
DOI 10.1016/0965-8564(94)90032-9
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Crossref · 10.1016/0965-8564(94)90032-9

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  • The different costs on the denominator have different units, though could all be converted to the same units given a suitable conversion factor in the same way that in modern-day economics a life is assigned a monetary cost when making decisions on spending on transport safety measures.

    “Clearly, the different costs on the denominator have different units, though could all be converted to the same units given a suitable conversion factor in the same way that in modern-day economics a life is assigned a monetary cost when making decisions on spending on transport safety measures (Hauer 1994).”

    From Budget travel in the Mediterranean: a methodology for reconstructing ancient journeys through least cost networks (2022) · cites this paper as Hauer 1994

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Research works printed but not linked: 4

  1. Faigin, 1991, The costs of motor vehicle injuries, Auto and Traffic Safety, 1, 2
  2. Hensher, 1989, Behavioural and resource values of travel time savings: A bicentennial update, Australian Road Research, 9, 223
  3. Savage, 1993, Demographic influences on risk perceptions, Risk analysis, 13, 393, 10.1111/j.1539-6924.1993.tb00741.x · DOI
  4. Savage, 1993, An empirical investigation into the effect of psychological perceptions on the willingness-to-pay to reduce risk, Journal of Risk and Uncertainty, 6, 75, 10.1007/BF01065351 · DOI

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Metadata

Authors
Hauer, E.
Venue
Transportation Research Part A: Policy and Practice
Publisher
Elsevier BV
Published
1994-03
Volume
28
Issue
2
Pages
109-118
ISSN
0965-8564
DOI
10.1016/0965-8564(94)90032-9
Cited by
10
References
0
Language
en
Licence
www.elsevier.com/tdm/userlicense/1.0/ (tdm)

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