Construct · 1 fields · 1 citations

value of a statistical life year: a standalone construct

One name. One construct. A landmark on the map.

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value of astatistical life year1 CONSTRUCTValue of a statisticalALDY · HEALTH ECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Health economics

the monetary value placed on one year of life expectancy, derived from the value of a statistical life adjusted for age and remaining years.

In health economics, value of a statistical life year refers to the monetary value placed on one year of life expectancy, derived from the value of a statistical life adjusted for age and remaining years. This meaning comes from Aldy (2008) in Review of Economics and Statistics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

expectancy3 fields · 6 citationsjingle · one word, three constructsvalue of a statistical life1 fields · 1 citationsanchor · a standalone constructvalue6 fields · 12 citationsjingle · one name, six constructs

References

  1. Aldy, J. E., & Viscusi, W. K. (2008). Adjusting the Value of a Statistical Life for Age and Cohort Effects. Review of Economics and Statistics, 90(3), 573-581. https://doi.org/10.1162/rest.90.3.573

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