4 ms·
> your highway engineering people work with a value of life of something like x million USD. This is not currently nor should it ever be how civil engineering
by stonogo 4y ago
> your highway engineering people work with a value of life of something like x million USD.
This is not currently nor should it ever be how civil engineering works.
- wolfgang42 4y agohttps://www.transportation.gov/office-policy/transportation-policy/revised-departmental-guidance-on-valuation-of-a-statistical-life-in-economic-analysis https://www.transportation.gov/office-policy/transportation-...
- stonogo 4y agoGood luck finding any engineering project which uses this. Engineering projects select their safety features based on what funding is available for which features in a given community. I'm sure there's someone in the federal government somewhere who thinks anyone uses VSL guidance, but that doesn't make it so.
- eru 4y agoYou might like https://en.wikipedia.org/wiki/National_Institute_for_Health_and_Care_Excellence#Cost_per_quality-adjusted_life_year_gained https://en.wikipedia.org/wiki/National_Institute_for_Health_... more. It's how the NHS decides what interventions to fund. (A similar idea was demonised in the US as https://en.wikipedia.org/wiki/Death_panel https://en.wikipedia.org/wiki/Death_panel ) Why do you think decisions _should_not_ be made like this? How else do you want decisions to be made?