Even where willingness-to-pay as a measure of welfare impact is adjusted for diminishing marginal utility, welfare economics is shown to favour policies that add to the life expectancy or that enhance the quality of life of persons who are already better-off. I propose an alternative, Equal Respect methodology, under an axiomatic claim that at the point of decision the prospective life years of all individuals are of equal intrinsic social value. This justifies equal valuation of risk mitigation across all persons; similarly, all appraised impacts should be scaled to accord equal respect to difficult but no-less-valuable lives.

中文翻译：

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在经济选择评估中尊重平等：珍惜生命中的时间

即使将支付意愿作为衡量福利影响的指标，根据边际效用递减进行调整，福利经济学也显示出有利于增加预期寿命或提高已经较富裕的人的生活质量的政策。我提出了一种替代方法，平等尊重方法，根据一个公理的主张，即在做出决定时，所有个人的预期寿命年都具有相同的内在社会价值。这证明了对所有人的风险缓解进行平等评估；同样，所有评估的影响都应按比例衡量，以对艰难但同样有价值的生活给予同等尊重。