[Mick]

Based on the analysis I presented in this thread: https://thecardboard.org/board/showthread.php?tid=19758, the one week delay in implementing shelter in place orders cost 36,000 lives, which if you assign a value of a statistical life of $10 million, then the one week delay in putting shelter in place orders cost $360 billion dollars.
BC

Does the advanced average age of COVID-19 victims reduce the overall cost?  In this paper, the VSL for 60 year olds is pegged at $2.5 mms. to $3 mms., which would put the one-week delay at $90 billion to $108 billion.

https://www.nber.org/papers/w10199

[Mick]

Based on the analysis I presented in this thread: https://thecardboard.org/board/showthread.php?tid=19758, the one week delay in implementing shelter in place orders cost 36,000 lives, which if you assign a value of a statistical life of $10 million, then the one week delay in putting shelter in place orders cost $360 billion dollars.
BC

Does the advanced average age of COVID-19 victims reduce the overall cost?  In this paper, the VSL for 60 year olds is pegged at $2.5 mms. to $3 mms., which would put the one-week delay at $90 billion to $108 billion.

https://www.nber.org/papers/w10199