Life Quality Index – an empirical or a normative concept?
by Ove Ditlevsen, Peter Friis-Hansen
International Journal of Risk Assessment and Management (IJRAM), Vol. 7, No. 6/7, 2007

Abstract: The LQI by Nathwani et al. (1997) is a social indicator that kept constant allocates a part of a country's GDP to life saving initiatives. Is the LQI built on empirical evidence of a social behaviour that implies a desired balance between free time and work time? It is shown herein that a time balancing principle leads to an explicit mathematical formula connecting work time and value productivity. Comparisons of the formula with available OECD-data show that it fits well to the data for several countries. However, it is argued that the necessary inclusion of the expected life in the LQI definition is beyond empirical verification. Thus the LQI invariance principle is claimed to be a chosen, though reasonable, normative rule of ethical resource allocation. Discrepancies between the logics of the derivations of existing variants of the LQI are mostly epistemological in nature and of less importance for the applications.

Online publication date: Mon, 23-Jul-2007

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Risk Assessment and Management (IJRAM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com