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Article
Publication date: 10 December 2003

Robert Novielli and Brian H. Kleiner

The process of computing the value of life and the loss of its enjoyment is subject to a great deal of debate. It is often not possible to determine how an injury will affect the…

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Abstract

The process of computing the value of life and the loss of its enjoyment is subject to a great deal of debate. It is often not possible to determine how an injury will affect the quality of life one enjoys. Physical, emotional, and mental pain are often not quantifiable, and it is difficult for anyone to fully comprehend just how such pains will affect one’s enjoyment of life. Anyone can be affected by such injuries, be it in the workplace or at leisure. The location of where such injuries occurred, when they occurred, how the injury came to be, and who was involved are but a few factors one must consider. The purpose of this research is to provide a framework of seven factors from which one can reasonably adjudicate the amount of such an award. This article will attempt to examine how one values the loss of life in the following context: consideration (financial rewards); determinant factors in adjudication; and social parameters.

Details

Management Research News, vol. 26 no. 10/11
Type: Research Article
ISSN: 0140-9174

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