I thought regulatory bodies considered age when considering regulations and the value of statistical life. Hence why regulations regarding kids toys / child sa

I thought regulatory bodies considered age when considering regulations and the value of statistical life. Hence why regulations regarding kids toys / child safety products are so much stronger than say a toy for adults. Quick google search doesn't confirm or refute this, merely that the average VSL in america is 10 million. https://en.wikipedia.org/wiki/Value_of_life https://en.wikipedia.org/wiki/Value_of_life This does have this tidbit: "Historically, children were valued little monetarily, but changes in cultural norms have resulted in a substantial increase as evinced by trends in damage compensation from wrongful death lawsuits.[38]"