Source:http://linkedlifedata.com/resource/pubmed/id/18164772
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Predicate | Object |
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rdf:type | |
lifeskim:mentions | |
pubmed:issue |
3
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pubmed:dateCreated |
2008-5-23
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pubmed:abstractText |
We develop a theoretical model of the ethical preferences of individuals, combining individual social welfare functions and random utility theory. The model is applied by conducting a choice experiment regarding safety-enhancing road investments that target different age groups and road user types. The relative value of a saved life is found to decrease with age, such that the present value of a saved life-year is almost independent of age at a pure rate of time preference of a few percent. Moreover, a saved pedestrian is consistently valued higher than a saved car driver of the same age.
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pubmed:language |
eng
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pubmed:journal | |
pubmed:citationSubset |
H
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pubmed:status |
MEDLINE
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pubmed:month |
May
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pubmed:issn |
0167-6296
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pubmed:author | |
pubmed:issnType |
Print
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pubmed:volume |
27
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pubmed:owner |
NLM
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pubmed:authorsComplete |
Y
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pubmed:pagination |
739-52
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pubmed:meshHeading |
pubmed-meshheading:18164772-Age Factors,
pubmed-meshheading:18164772-Altruism,
pubmed-meshheading:18164772-Choice Behavior,
pubmed-meshheading:18164772-Humans,
pubmed-meshheading:18164772-Models, Theoretical,
pubmed-meshheading:18164772-Safety,
pubmed-meshheading:18164772-Transportation,
pubmed-meshheading:18164772-Value of Life
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pubmed:year |
2008
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pubmed:articleTitle |
Are some lives more valuable? An ethical preferences approach.
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pubmed:affiliation |
Department of Economics, Göteborg University, Box 640, SE 405 30 Göteborg, Sweden. olof.johansson@economics.gu.se
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pubmed:publicationType |
Journal Article,
Research Support, Non-U.S. Gov't
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