Policy challenges of the heterogeneity of the value of statistical life

Policy challenges of the heterogeneity of the value of statistical life

Economic research has developed estimates of the heterogeneity of the value of statistical life (VSL) on dimensions such as individual age, income, immigrant status, and the nature of the risk exposure. This paper examines the empirical evidence on the heterogeneity of VSL and explores the potential...

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Bibliographic Details
Main Author: Viscusi, W. Kip (Author)
Format: Book
Language:English
Published: Hanover, Mass. Now Publishers [2011].
Series:Foundations and trends in microeconomics vol 6, issue 2, pages 99-172.
Subjects:
Risk assessment > Econometric models.
Life > Valuation > Econometric models.
Life cycle, Human > Econometric models.
Mortality > Econometric models.
Life expectancy > Econometric models.