scholarly journals Value of life and annuity demand

Author(s):  
Svetlana Pashchenko ◽  
Ponpoje Porapakkarm
Keyword(s):  
Ethics ◽  
1987 ◽  
Vol 97 (3) ◽  
pp. 674-675
Author(s):  
Bonnie Steinbock
Keyword(s):  

2021 ◽  
Vol 19 (1) ◽  
Author(s):  
Negar Mirzaee ◽  
Amirhossein Takian ◽  
Farshad Farzadfar ◽  
Rajabali Daroudi ◽  
Ali Kazemi Karyani ◽  
...  

Abstract Background Global concerns regarding the significant burden of non-communicable diseases and injuries (NCDIs) exist from both public health and economic perspectives. Our research focuses on the reduction of fatal risks due to NCDIs and the citizens’ preferences about health programs and intervention to reduce premature death due to NCDIs. Governments and health authorities need reliable evidence and information to prioritize the interests of their citizens. One crucial piece of evidence to justify the resources spent on NCDIs is the value derived from the interventions on prevention and NCDIs control. This concept is usually called “Value of Statistical Life” (VSL), meaning the monetary value that individuals place on changes in the risk levels of life- threatening events. To the best of our knowledge, for the first time, our study will estimate the statistical value of life for selected interventions for the prevention and control of NCDIs at both national and sub-national levels in the context of Iran. This paper reports the development of a national protocol through Discrete Choice Experiments (DCEs) method. Methods and designs Our study comprises several stages: (a) a literature review to identify the attributes and levels of the prevention programs and Willingness to Pay (WTP) for reducing the NCDI’s fatal risks; (b) experimental design to assessing, prioritizing, and finalizing the identified attributes and levels; (c) instrumental design to conduct face-to-face structured survey interviews of 3180 respondents aged 18–69 across the entire country; (d) statistical analysis to estimate the results through the Mixed Multinomial logit (MMNL) model. Discussion We anticipate that our findings will help build a stronger empirical basis for monetizing the value of small changes in selected fatality risks. It paves the way for other national or vast VSL estimates for NCDIs, as well as other major causes of morbidity and mortality in the context of Iran, and perhaps other low and middle-income countries (LMICs).


1913 ◽  
Vol 6 (1) ◽  
pp. 76-99
Author(s):  
John E. Boodin
Keyword(s):  

The question about the whence and whither of the drift of our cosmic weather is an old one and cannot be lightly brushed aside. It is both a forced and a momentous issue. It is a forced issue, because we cannot help taking an attitude towards it, whether we make it explicit to ourselves or not. It is momentous, because such an attitude is a serious index of our deepest practical faith as regards the value of life, and cannot help determining our conduct. There have been three distinct types of theory in the past as regards this drift—Mechanism, Finalism, and Vitalism.


2011 ◽  
Vol 39 (2) ◽  
pp. 215-223 ◽  
Author(s):  
Paul T. Menzel

“The thing about life is that one day you’ll be dead.” Indeed. But even total and honest acceptance of this brute fact about our relationship to death does not diminish the value we see in short remaining life at the end of life. Few just “give in” and no more fight for life because death is seen as an inherent part of life. They still invest small amounts of additional life with huge value. How high may that value plausibly be? What is the value of a relatively short extension of life when death is inevitably near?


2011 ◽  
Vol 59 (2) ◽  
pp. 160-172 ◽  
Author(s):  
Shimazono Susumu

Advances in biotechnology and medical science, especially breakthroughs in cloning and stem cell research, have raised great expectations for curing diseases, repairing damaged body tissue and organs, enabling conception at advanced age and selecting embryos based on genetic diagnosis. However, the question arises whether these advances will improve the happiness of humankind or whether human bodies are being assaulted as development resources in order to procure greater profits. This article investigates how the value of life is conceptualized by religious cultures vis-a-vis the emerging threats. With regard to the early embryonic stage of human life, the Catholic Church, for example, has raised a loud voice against the artificial termination of pregnancy. As a matter of fact, various religious cultures have showed and underpinned to a considerable extent the value of life and the direction that science and technology should take in this respect. It is argued that the globalized competition in science and technology makes it necessary to transcend the views concerning the value of life propagated by particular religious cultures.


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