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COVID VSLs and the undervaluation of pandemic risk. 17/08/2020

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Article
H

Rowell, Arden

The Regulatory Review

2020

1-6

epidemic disease ; risk assessment ; statistical method ; cost benefit analysis

Risk assessment and risk management

https://www.theregreview.org/2020/08/17/rowell-covid-vsl-undervaluation-pandemic-risk/

English

"The COVID-19 pandemic requires policymakers at all levels of governance to make tragic tradeoffs between lives, health, and money. The value of a statistical life (VSL)—a tool that provides an estimate of the monetized social value of a single lost life—can help policymakers make these choices."

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