3 ms·
The article says it will save a estimated 362 lives per year at a cost of 82$ per car or 354 M$/yr. The actuarial value of a human life is usually around 5 M$,
by Veserv 2y ago
The article says it will save a estimated 362 lives per year at a cost of 82$ per car or 354 M$/yr. The actuarial value of a human life is usually around 5 M$, so that is a societal ROI of 5 if we only count fatalitys.
- willcipriano 2y agoYour model assumes a even distribution of funds across society.
- drawkward 2y agoyou don't have a better assumption.