That does raise the question of why you only value lives you saved. If all lives are important, marginal value won’t change much over one life saved.
For the same reason you only value the pizza you eat, not just pizza eaten in general—because it’s utility derived from consumption of a good/service.
That does raise the question of why you only value lives you saved. If all lives are important, marginal value won’t change much over one life saved.
For the same reason you only value the pizza you eat, not just pizza eaten in general—because it’s utility derived from consumption of a good/service.