Research Article
Jan 1975
Monetary Values of Life and Health
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VIEW THE REPLYPublication: Journal of the Hydraulics Division
Volume 101, Issue 1
Abstract
Sensible values for life and health are proposed as a substitute for the current practice of using virtually infinite value in some engineering decisions, e.g., high dam design, and zero value in other decisions, e.g., flood control evaluation. Recommended human values are based on the lifestream of earnings that would be foregone in the event of death or disability. Computing procedure is illustrated by examples. Results are compared with other sources. The technique is considered adequate for immediate use and until something better is devised.
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Published In
Journal of the Hydraulics Division
Volume 101 • Issue 1 • January 1975
Pages: 29 - 47
Copyright
© 1975 American Society of Civil Engineers.
History
Published in print: Jan 1975
Published online: Feb 3, 2021
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Authors
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Bob Buehler, M.ASCE
Chf., Flood Control Branch, Tennessee Valley Authority, Knoxville, Tenn.
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.