Coronavirus: how much is a life worth?

by bfinn1 min read23rd Mar 202011 comments



A summary (for a general audience) of how to put an economic value on life, in dollars or QALYs. While many EAs will already know about that, I also do a rough estimate of potential coronavirus impact in WALYs (well-being adjusted life years), as happiness economics might do.

This suggests that if a global recession like the last one results, it would be far worse than the millions of deaths forecast.