“Your money or your life.” The choice traditionally preented by the highwayman i uppoed to have only one enible anwer. Money i, after all, no ue to a corpe. Yet economit often tudy omething rather like the highwayman' offer in an attempt to uncover the anwer to an important quetion: how much i your life actually worth?
Like many awkward quetion, thi i one that ha to be anwered. Safety regulation ave live but alo raie the cot of doing buine, a cot we all pay through higher price. Are they worth it? Our taxe pay for life-aving pending on road afety and fire fighting. Are they high enough, or too high?
So how much are we willing to pend to ave a life? A traditional planner' approach ued to be to meaure the value of wage lot due to death or injury. That' dreadful: it confue what I think my life i worth with what my bo think my life i worth.
So an alternative i to ak people how much they would pay for a afer car or kitchen cleaner. But uch urvey do not alway produce enible reult. Our anwer depend on whether we're being offered a afer ?10 houehold cleaner and then aked if we want the more dangerou ?5 verion, or whether we're offered the ?5 brand and then aked if we'll pay ?10 for the afer product. People often anwer ”no” to both quetion, contradicting themelve. Thee inconitencie mean that we're either irrational or lying to pollter, and perhap both.[由好作文www.hAOzuowEn.com整理]