Risk Assessment: Putting a Price on Human Life Essay -- Essays Papers

Risk Assessment Putting a Price on Human LifeThesis In the area of risk assessment company struggles, whatsoevertimes irrationally, with the apprize of human life, hoping someday to reach a reasonable balance between cost and effect of saving lives.From the day that each somebody is born, there is only superstar fate that everybody apprise be sure of some day s/he is going to discontinue. No one can know exactly how or when that is going to happen. Unlike the certainty of death, no one can predict if that newly born individual seeing the remote world for the first time is going to be rich, pretty or happy. Nobody can say if that person is going to get married some day and raise children. The only conclusion that all can reach with absolute assurance is that this child is predestined, like all living creatures in this world, to die some day. In spite of the inevitability of death, it is amazing to see how hard society and individuals try to avoid this unavoidable destiny. Life is customarily considered of utmost value for every one. But at the same time people put their lives in danger each day, actually, several times a day. From the time one gets up in the morning and turns on the light, s/he is exposed to the risk of electrocution that claims 500 lives each course of study in the U.S. alone (Wilson, 1979). pickings a shower in the morning brings the risk of a fall and cranial trauma that is responsible for five of each 100,000 deaths in the U.S. each year (Viscusi, Vernon and Harrington 1992). The breakfast in the U.S. commonly sets unhealthful food on the table, rich in fat or sodium both elements responsible for a freehanded amount of heart disease, the number one cause of death in the world. Driving to work, taking a bus or riding a rhythm all contain ri... ...ceyour Money Or Your Life? Reply. Organizational Behavior and Human Decision Processes Sep. 1997 355-73.Pearce, Fred. Global Row over Value of Human Life. impudent Scientist 19 Aug. 1995 7.Radford, Tim. Juggling Lifes Comical Odds. The Guardian 12 Aug. 1995 14-15.Singer, Marcos. Decisiones Estrategicas Y Teoria De Juegos. Santiago Universidad Catolica, 1998.Viscusi, W., J. Vernon, and J. Harrington. Economics of Regulation and Antitrust. 2nd ed. Cambridge, Massachussetts The MIT Press, 1995.Wang, X. T. Framing Effectsdynamics and undertaking Domains. Organizational Behaviour and Human Decision Process Nov. 1996 145-57.Wilson, Richard. Analyzing the Daily Risk of Life. Technology Review Feb. 1979 41-46.Wilson, Richard, and E. A. C. Crouch. Risk Assessment and Comparison An Introduction. Science 17 Apr. 1987 267-70.