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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 importantExpand
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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 forExpand
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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-19Expand
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Does Inefficient Risk Sharing Increase Public Self-Protection?
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 climateExpand
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 Article investigates SVRR,Expand
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Lives v livelihoods, part 1: how can we measure the value of a life?
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? InExpand
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 morbidityExpand
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 ofExpand
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Lives v livelihoods, part 2: suppression or control?
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), MarcExpand
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