Value of a Statistical Life

GPTKB entity

Statements (36)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:abbreviation gptkb:VSL
gptkbp:appliesTo population-level risk reduction
gptkbp:compatibleWith value of an individual life
gptkbp:debatedBy ethical considerations
methodological challenges
distributional equity
gptkbp:estimatedCost revealed preference methods
stated preference methods
gptkbp:example $10 million (US, 2023, EPA)
$12.5 million (US, 2023, DOT)
https://www.w3.org/2000/01/rdf-schema#label Value of a Statistical Life
gptkbp:measures gptkb:currency
gptkbp:regulates gptkb:US_Department_of_Transportation
gptkb:Occupational_Safety_and_Health_Administration
gptkb:US_Environmental_Protection_Agency
gptkbp:relatedTo gptkb:Disability-Adjusted_Life_Year
risk assessment
Quality-Adjusted Life Year
willingness to pay
contingent valuation
Human capital approach
Value of a Statistical Injury
hedonic wage studies
gptkbp:usedBy gptkb:government_agency
transportation agencies
health economists
environmental regulators
gptkbp:usedIn gptkb:public_policy
cost-benefit analysis
regulatory impact analysis
gptkbp:variant gptkb:Country
income level
regulatory context
gptkbp:bfsParent gptkb:VSL
gptkbp:bfsLayer 8