Lecture
Assessing environmental goods and external costs: Road Safety
Description
This lecture discusses the assessment of environmental goods and external costs, focusing on road safety. The instructor presents a case study of a dangerous road intersection in Switzerland, analyzing the value of statistical life based on different investment scenarios to improve safety measures. The lecture also explores the concept of trade-offs in decision-making, using examples such as building protective dams to prevent flood damage and the willingness of a municipality to invest in marshland to mitigate flooding risks.
This video is available exclusively on Mediaspace for a restricted audience. Please log in to MediaSpace to access it if you have the necessary permissions.
Watch on MediaspaceOfficial source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.