Cost of Statistical Life

Concept

A government-assigned value ($9 million in the US) used in economic calculations for road safety.

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Videos Mentioning Cost of Statistical Life

Emilio Frazzoli, CTO, nuTonomy - MIT Self-Driving Cars

Emilio Frazzoli, CTO, nuTonomy - MIT Self-Driving Cars

Lex Fridman

A government-assigned value ($9 million in the US) used in economic calculations for road safety.