Better Governing Through Data - NYTimes.com
Government bureaucracies, as opposed to casual friendships, are seldom in danger from too much information. That is why a new initiative by the New York City comptroller, Scott Stringer, to use copious amounts of data to save money and solve problems, makes such intuitive sense.
Called ClaimStat, it seeks to collect and analyze information on the thousands of lawsuits and claims filed each year against the city. By identifying patterns in payouts and trouble-prone agencies and neighborhoods, the program is supposed to reduce the cost of claims the way CompStat, the fabled data-tracking program pioneered by the New York Police Department, reduces crime.
Is the VoSL working? The results of cost-benefit analyses seem to say so. Is the figure in the right ballpark? Based on international evidence, yes. In 2014, is it accurate? Probably not. Putting a price on life is a messy science – especially given that the priorities and values of the public are at the heart of it.Working out the value of a life - Value - The Wireless