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Suppose You Can Take One of Two Summer Jobs

Question 24

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Suppose you can take one of two summer jobs.In the first job as a flight attendant,with a salary of $5,000,you estimate the probability you will die is 1 in 40,000.Alternatively,you could drive a truck transporting hazardous materials,which pays $12,000 and for which the probability of death is 1 in 10,000.Suppose that you're indifferent between the two jobs except for the pay and the chance of death.If you choose the job as a flight attendant,what does this say about the value you place on your life?

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