id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_inij7gumxbckjjaxsaxtpaiwsi	M.D. Pandey	Life quality index for the estimation of societal willingness-to-pay for safety	2004.0	3	.pdf	application/pdf	1040	67	54	Life quality index for the estimation of societal willingness-to-pay for safety The engineering and management of human safety is an important societal objective that includes The paper presents the Life Quality Index (LQI) as a tool for the assessment of risk reduction initiatives that would support the public interest and enhance safety and quality of life. in exchange for a reduction in the risk of death that results in improved life-quality. Keywords: Life quality index; Risk; Utility function; Willingness-to-pay; Discounting; Value of statistical life; http://www.elsevier.com/locate/strusafe/a4.3d The need to strike a balance between the benefits of improved safety (i.e. life extension), risk (potential for loss of life) and cost of risk reduction (i.e. enhancement of quality of life) is compelling. The balancing of impacts on the quality of life and health against economic costs of risk health and the quality of life enhanced by wealth.	./cache/work_inij7gumxbckjjaxsaxtpaiwsi.pdf	./txt/work_inij7gumxbckjjaxsaxtpaiwsi.txt