Thomas, P J and Vaughan, Geoff (2013) All in the balance: Assessing schemes to protect humans and the environment. Nuclear Future, 9 (3). ISSN 1745-2058
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This paper is a distillation of research into an alternative approach to determining the Value of Preventing a Fatality. The traditional, approach is to determine this through “perceived preferences” through surveys of people, but there are significant difficulties in doing this, The paper considers a more “rational” approach based on economic theory. In this approach a utility function is derived which evaluates the expected future lifetime and the value of its loss as measured in terms of the loss of quality of life.
|Subjects:||Engineering > Civil engineering|
|Schools:||Faculty of Science and Technology > School of Physical Sciences and Computing|
|Deposited By:||Carmit Erez|
|Deposited On:||16 Apr 2013 08:14|
|Last Modified:||17 May 2016 12:40|
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