FINANCIAL EQUIVALENT OF THE HUMAN LIFE VALUE: MODERN APPROACHES TO EVALUATION IN UKRAINE
The article presents theoretical and methodological approaches to the estimation of financial equivalent of the human life (FELV) value due to the possibilities of their application in Ukraine, proposes a method of calculating the universal equivalent that can be used to introduce fair and justified standards of calculating compensations and financial aid from all levels of budgets, from social funds and insurance companies’ funds, to stimulate investments in security, to calculate the effectiveness of management decisions in view of the possibility of preventing the loss of human capital.