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The Social Cost of Carbon: Valuing Inequality, Risk, and Population for Climate Policy
We analyze the role of ethical values in the determination of the social cost of carbon, arguing that the familiar debate about discounting is too narrow. Other ethical issues are equally important… Expand
Fair Innings: The Utilitarian and Prioritarian Value of Risk Reduction over a Whole Lifetime
The social value of risk reduction (SVRR) is the marginal social value of reducing an individual’s fatality risk, as measured by some social welfare function (SWF). This is the linchpin concept for… Expand
Social determinants of mortality from COVID-19: A simulation study using NHANES.
BACKGROUND The COVID-19 epidemic in the United States is widespread, with more than 200,000 deaths reported as of September 23, 2020. While ecological studies show higher burdens of COVID-19… Expand
Does Inefficient Risk Sharing Increase Public Self-Protection?
- Maddalena Ferranna
- 20 March 2017
This paper studies how the risk of having an unequal distribution of income across the population affects the investment in a public self-protection policy, such as financial regulation or climate… Expand
Fair innings? The utilitarian and prioritarian value of risk reduction over a whole lifetime
- M. Adler, Maddalena Ferranna, J. Hammitt, Nicolas Treich
- Medicine, Economics
- Journal of health economics
- 30 November 2020
The social value of risk reduction (SVRR) is the marginal social value of reducing an individual’s fatality risk, as measured by some social welfare function (SWF). This Article investigates SVRR,… Expand
Assessing the Wellbeing Impacts of the COVID-19 Pandemic and Three Policy Types: Suppression, Control, and Uncontrolled Spread
- M. Adler, R. Bradley, Maddalena Ferranna, Marc Fleurbaey, J. Hammitt, A. Voorhoeve
- Political Science
Lives v livelihoods, part 1: how can we measure the value of a life?
- M. Adler, R. Bradley, Maddalena Ferranna, M. Fleurbaey, J. Hammitt, A. Voorhoeve
- 6 August 2020
Policies that suppress or control the COVID-19 pandemic prevent illness and save lives, but exact an economic toll. How should we balance lives and livelihoods to determine which policy is best? In… Expand
The Societal Value of Vaccination in the Age of COVID-19.
In recent years, academics and policymakers have increasingly recognized that the full societal value of vaccination encompasses broad health, economic, and social benefits beyond avoided morbidity… Expand
Risk , Inequality , and Climate Change ∗
We study both analytically and numerically the impact of risk and inequality on the optimal carbon price, focusing in particular on the possibility that the world’s poor will bear the brunt of… Expand
Lives v livelihoods, part 2: suppression or control?
- M. Adler, R. Bradley, Maddalena Ferranna, Hélène Fleurbaey, J. Hammitt, A. Voorhoeve
- 11 August 2020
Limiting the length of lockdown is key to minimising the damage the pandemic inflicts on livelihoods. Matthew Adler (Duke University/LSE), Richard Bradley (LSE), Maddalena Ferranna (Princeton), Marc… Expand