In the current discussion on the Corona pandemic, the trade-off between saving the economy and saving human lives plays a central role. What is the price of a human life? And what proportion of the gross domestic product is worth flattening the infection curve? Answering these questions requires a health economic analysis and is the subject of the current scientific publication by Dr Dr Afschin Gandjour, Professor of Health Management at Frankfurt School of Finance & Management. His calculation shows that a successful shutdown in Germany increases the remaining life expectancy – on average of the total population – by 0.6 months, which implies a maximum willingness to pay of 13% of the gross domestic product.
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