3 ms·
You can convert between financial loss and loss of human life using implied cost of averting a fatality [1], which is about $10 million. [1] https://en.wikiped
by pps43 6y ago
You can convert between financial loss and loss of human life using implied cost of averting a fatality [1], which is about $10 million.
[1] https://en.wikipedia.org/wiki/Value_of_life https://en.wikipedia.org/wiki/Value_of_life
- angry_octet 6y agoThat is not a bidirectional transform. A financial loss in an investment fund just means that other traders made more profit.