value of life (Q582249)

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An economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL).
  • Value of statistical life
  • Value of preventing a fatality
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English
value of life
An economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL).
  • Value of statistical life
  • Value of preventing a fatality

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