What's the Value of a Life?
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Meet Maria. She’s a hospital administrator who allocates their resources to do the most good for the patients, for as long as possible. Now, meet Nicky. He’s a 13-year old who needs a liver transplant... which is expensive. It’s pricey to find a matching liver, keep Nicky healthy before the operation, perform the transplant itself, and to care for Nicky while he recovers. So Maria faces a very difficult question everyday: What’s the maximum amount of money the hospital can spend to get Nicky his transplant, and save his life? Think about it and come up with a number in your head, keeping in mind that any money spent on saving Nicky is not spent on other patients, hospital equipment, or doctors and nurses. Is it a thousand dollars? Ten thousand? A m...
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Meet Maria. She’s a hospital administrator who allocates their resources to do the most good for the patients, for as long as possible. Now, meet Nicky. He’s a 13-year old who needs a liver transplant... which is expensive. It’s pricey to find a matching liver, keep Nicky healthy before the operation, perform the transplant itself, and to care for Nicky while he recovers. So Maria faces a very difficult question everyday: What’s the maximum amount of money the hospital can spend to get Nicky his transplant, and save his life? Think about it and come up with a number in your head, keeping in mind that any money spent on saving Nicky is not spent on other patients, hospital equipment, or doctors and nurses. Is it a thousand dollars? Ten thousand? A m...
