[komali2]

That's the most interesting application of capitalism-as-as-resource-allocation mechanism I've ever seen, that's something I look forward to thinking about more.

My immediate reaction though is to doubt the mapping of dollar to value - e.g., the 10 million dollar valuation of the human life, but also the valuation then of all the things that year-dollar-cost could be spent on. Many of those things probably don't map very well between true value, and dollar cost (my go-to example of this is teachers fulfilling one of the most critical roles to ensure a functioning society, yet the dollar cost paid for their labor being typically far lower than most other jobs).

[matheusd]

You're right to doubt it!

And indeed, accounting for externalities (unmeasured or unmeasurable) is a tough economic proposition. If it weren't hard to account for every single variable, creating a planned economy would be easier (ish).

FWIW, there's a whole sub-field just dedicated to determining the value of life for various purposes (a starting link: https://en.wikipedia.org/wiki/Value_of_life). You may disagree with any specific assessment, but then you have to argue how that value should be calculated differently.