DisasterCast Safety Podcast

Episode 10 – The Value of a Statistical Life


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Value of a Statistical Life, the Ford Pinto, and Safety Cases.

In this episode I examine the ethics and practicalities of placing a value on human life. I discuss how
the value of a human life is determined, how it is used, and how it can be misused. We then delve into probably the most
controversial example of safety versus cost trade-off, the Ford Pinto in the case of Grimshaw v Ford Motor Company, 1978.

This episode also features an interview with George Despotou from the University of York. George and I talk about his recent
article, a "First Contact with Safety Cases".

Episode 10 transcript is here.

References

First Contact with Safety Cases
The Myth of the Ford Pinto Case [pdf]
500 Life Saving Interventions and their Cost Effectiveness [pdf]
...more
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DisasterCast Safety PodcastBy Drew Rae