The Government’s Valuation of Military Life-Saving in War: A Cost-Minimization Approach
American Economic Association, Vol. 96, No. 2, pp. 39-44, 2006
17 Pages Posted: 9 May 2011
Date Written: May 1, 2006
Abstract
A wide range of costly government policies are designed to extend citizens’ lives and to reduce the risk of premature death. Using economic reasoning, one can evaluate such policies on the basis of efficiency.
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