To quantify the "benefit" side of the equation, a dollar amount is assigned to each saved human life. As calculated by the Urban Institute in 1991, you are worth $2.7 million.
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The concept of assigning a monetary value to human life has been explored academically to help evaluate the benefits of saving lives in various contexts. A notable example can be found in the 1991 study by the Urban Institute, which determined a life is worth approximately $2.7 million. This figure can serve to illustrate the financial implications of policies and interventions aimed at preserving life.
This valuation, discussed in Mary Roach's...
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