Leiter, Andrea M. Leiter-Scheiring; Winner, Hannes; … - Fachbereich Sozial- und Wirtschaftswissenschaften, … - 2010
This paper provides a framework to evaluate human life based on court decisions on damages for pain and suffering. Using judgements from Germany and Austria over the last 25 years, we calculate an average Value of Damages for Pain and Suffering (VDPS) of about EUR 1.79 millions, with a minimum...