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Reference Values for Human Life: An Econometric Analysis of a Contingent Valuation in France

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Contingent Valuation, Transport Safety and the Value of Life

Part of the book series: Studies in Risk and Uncertainty ((SIRU,volume 7))

Abstract

In 1993 the Commissariat Général du Plan, the Ministry of Equipment, EDF (the French Utility Company), and the Centre d’Energétique of the Ecole des Mines (within a contract from the ExternE Program of the European Commission), decided to finance a contingent valuation of the reference value of human life for road accidents. It is the first study using this methodology in France and it is part of a continuing research programme under the direction of Michel Le Net of the Ecole des Ponts et Chaussées on the implicit value of human life in the domain of road transportation. The present paper offers an econometric analysis of the results, and discusses the interpretation.

Supported in part by the ExternE Program (External Costs of Fuel Cycles) of the European Commission, DG XII, JOULE 2 Program. The contingent valuation was directed by M. Le Net and carried out by S. Belliat of ESOP.

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Desaigues, B., Rabl, A. (1995). Reference Values for Human Life: An Econometric Analysis of a Contingent Valuation in France. In: Schwab Christe, N.G., Soguel, N.C. (eds) Contingent Valuation, Transport Safety and the Value of Life. Studies in Risk and Uncertainty, vol 7. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-0665-8_5

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  • DOI: https://doi.org/10.1007/978-94-011-0665-8_5

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-4291-8

  • Online ISBN: 978-94-011-0665-8

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