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Concept information

Terme préférentiel

human capital approach  

Définition(s)

  • The human capital approach to economic evaluation places a monetary value on loss of health as the lost value of economic productivity due to ill health, disability, or premature mortality. More specifically, the human capital approach uses the present value of expected future earnings, often adjusted for nonmarket productivity, to estimate the potential loss to society if an individual dies or becomes permanently disabled. [Source: Encyclopedia of Medical Decision Making; Human Capital Approach]

Concept(s) générique(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-HK39WZ6P-F

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