EPA Plans to Revisit a Touchy Topic — the Value of Saved Lives

Greenwire: How much would you pay to avoid a slight chance of death? Government economists think they have a pretty good idea, but they are thinking about a rebranding campaign to mend ties with the public, which has often bristled at the idea that bureaucrats might be putting a price on human lives. During a meeting this week in Washington, D.C., officials from U.S. EPA will meet with their economics advisers to discuss a planned makeover (pdf) for the process. At issue is the "value of a statistical life,"......

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