05-11-2020, 08:36 PM
The question is how much are we willing to invest to prevent those deaths. Based on the regulatory costs of auto safety, is about $9 million per life saved. In other words, a safety feature will be mandated on a car, if its total cost is less than $9 million per total life saved. Ditto environmental regulation, and , at a slightly lower cost, food and drug safety.
https://en.wikipedia.org/wiki/Value_of_l...ted_States
The challenge is that we won’t know how many lives will be saved, or what the costs of a no shelter in place order would be.
BC
https://en.wikipedia.org/wiki/Value_of_l...ted_States
The challenge is that we won’t know how many lives will be saved, or what the costs of a no shelter in place order would be.
BC
