Sentence examples for statistical life from inspiring English sources

How many dollars should be spent to save one "statistical life"?

Bilmes puts it at 44.6 billion dollars, calculated by using a midrange figure from various government agencies' estimates of the "value of a statistical life".

The British government uses a figure of a little more than £1m as a general limit to the amount it is prepared to pay to save a statistical life – for example, by improving road safety.

Such studies deriving the value of human life from people's willingness to pay – on the basis, for example, that an expressed readiness to pay £100 to reduce the risk of death by 10% values that individual's statistical life at £1,000 – are widely used in public project evaluations.

The estimated values of statistical life seem somewhat high compared to other estimates around the world.

This is the cost to save a life, not necessarily the value of a statistical life.

Finally, we monetised health-adjusted life years using the value of a statistical life year.

The theoretical constructs of "willingness to pay to reduce a fatality" (WTPF) and "value of (statistical) life" (VOSL) are used.

The difference in the values of statistical life between urban and rural roads are consistent with the literature [25].

Each subject was to complete five choice sets and provided a range of implicit values of statistical life (VSL).

There is not a lot of literature comparing estimates of value of statistical life or risk reduction in urban vs. rural environments.