Thanks for pointing that out. I took a brake in the middle of reading the post and didn’t realize that.
Again, I am not here to dispute that car-related deaths are an order of magnitude more frequent than bus-related deaths. But the aggregated data includes every sort of dumb drivers doing very risky things (like those taxi drivers not even wearing a seat belt).
Sure. I’m not sure what you wanted to discuss. I guess I didn’t make it clear what I want to discuss either.
What you’re talking about (estimate of the risk you’re causing) sounds like you’re interested in how you decide to move around. Which is fine. My intuition was that the (expected) cost of life lost as your personal driving is not significant but after plugging in some numbers I might have been wrong
We’re talking 0.59 deaths per 100′000′000 miles.
If we value life at 20′000′000 (I’ve heard some analyses use 10 M$, if we value QUALY at 100k$ and use 7% discount rate we get some 14.3M$ for infinite life)
So cost of life lost per mile of driving is 2e7 * 0.59 / 1e8 = 0.708 $ / mile
Average US person drives about 12k miles / year (second search result (1st one didn’t want to open)), estimated cost of car ownership is 12 k$ / year (link from a Youtube video I remember mentioned this stat) so average cost per mile is ~1$ so 70¢ / mile of seems significant. And it might be relevant if your personal effect here is half or 10% of that.
I on the other hand wanted to point out that it makes sense to arrange stuff in such way that people don’t want to drive around too much. (But I didn’t make that clear in my previous comment)
Sorry about slow reply, stuff came up.
Thanks for pointing that out. I took a brake in the middle of reading the post and didn’t realize that.
Sure. I’m not sure what you wanted to discuss. I guess I didn’t make it clear what I want to discuss either.
What you’re talking about (estimate of the risk you’re causing) sounds like you’re interested in how you decide to move around. Which is fine. My intuition was that the (expected) cost of life lost as your personal driving is not significant but after plugging in some numbers I might have been wrong
We’re talking 0.59 deaths per 100′000′000 miles.
If we value life at 20′000′000 (I’ve heard some analyses use 10 M$, if we value QUALY at 100k$ and use 7% discount rate we get some 14.3M$ for infinite life)
So cost of life lost per mile of driving is 2e7 * 0.59 / 1e8 = 0.708 $ / mile
Average US person drives about 12k miles / year (second search result (1st one didn’t want to open)), estimated cost of car ownership is 12 k$ / year (link from a Youtube video I remember mentioned this stat) so average cost per mile is ~1$ so 70¢ / mile of seems significant. And it might be relevant if your personal effect here is half or 10% of that.
I on the other hand wanted to point out that it makes sense to arrange stuff in such way that people don’t want to drive around too much. (But I didn’t make that clear in my previous comment)
You choose this post to read and comment on while driving!?
(joking)