"The government has spent decades studying what a life is worth. It hasn’t made a difference in the covid-19 crisis."
Alan Krupnick is quoted in a Washington Post article on the Value of Statistical Life.
Alan Krupnick is quoted in Washington Post article on the Value of Statistical Life.
“'The dilemma here is, how do you value reducing the risk?” said Alan Krupnick, an economist at the think tank Resources for the Future and a former member of President Clinton’s Council of Economic Advisers, who studies the topic. 'The economist’s answer is to ask people and observe their behavior.'"
Read the full article here| This article was originally published in The Washington Post
