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Valuing "lives saved" vs "life-years saved"
Author(s)James K Hammitt
Corporate AuthorHarvard Center for Risk Analysis
Journal titleEurohealth, vol 14, no 1, 2008
PublisherEuropean Observatory on Health Systems and Policies, 2008
Pagespp 34-37
Sourcehttp://www.lse.ac.uk/LSEHealth eurohealth@lse.ac.uk
KeywordsDeath ; At risk ; Life expectancy tables ; Measurement.
AnnotationTheory and empirical evidence suggest that neither "value per statistical life" (VSL) nor "value per statistical life years" (VSLY) is constant over an individual's life. Accurate valuation requires using values that depend on characteristics of the affected individual. This article was first published in Risk in Perspective, vol 16, no 1, March 2008, by the Harvard Center for Risk Analysis. It describes how the value of any intervention that alters mortality risk can be expressed using either lives saved or life years saved and the appropriate VSL or VSLY. (RH).
Accession NumberCPA-080728201 A
ClassmarkCW: CA3: S7: 3R

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