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CBA and CEA: a Discussion

CBA and CEA: a Discussion. Tosihiro Oka Fukui Prefectural University November 15, 2003 At Kobe University. CPLYS’s for chemical risk control. Value of a life-year. VSL= 100 million to 1 billion yen Life expectancy = 40 years →Value of a life-year=2.5 to 25 million yen. Limitations to CBA.

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CBA and CEA: a Discussion

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  1. CBA and CEA: a Discussion Tosihiro Oka Fukui Prefectural University November 15, 2003 At Kobe University

  2. CPLYS’s for chemical risk control

  3. Value of a life-year • VSL= 100 million to 1 billion yen • Life expectancy = 40 years • →Value of a life-year=2.5 to 25 million yen

  4. Limitations to CBA • Equity • Distributive equality of risks and benefits • Intergenerational equity or sustainability • Unreliability or uncertainty in benefit estimation

  5. Appraisal of forest road construction projects

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