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It is obvious that many projects justified by cost-benefit analysis do result in the predictable loss of life. This is true for any projects that increase air or ground traffic, radiation exposure, or air pollution, for example. What allows cost-benefit analysts to "justify" such projects? It is essentially the fact that we never know in advance the identities of the specific people who will be killed. The result is that we never have to compensate anyone for his certain loss of life but instead we must compensate everyone for the additional risk to which he is exposed as a result of the project.
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