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The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World
A substantial literature over the past thirty years has evaluated tradeoffs between money and fatality risks. These values in turn serve as estimates of the value of a statistical life. This articleExpand
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The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World
A substantial literature over the past thirty years has evaluated tradeoffs between money and fatality risks. These values in turn serve as estimates of the value of a statistical life. This articleExpand
  • 404
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  • PDF
The value of risks to life and health
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Gamma Discounting
By incorporating the probability distribution directly into the analysis, this paper proposes a new theoretical approach to resolving the perennial dilemma of being uncertain about what discount rateExpand
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Adjusting the Value of a Statistical Life for Age and Cohort Effects
To resolve the theoretical ambiguity in the effect of age on the value of statistical life (VSL), this article uses a novel, age-dependent fatal risk measure to estimate age-specific hedonic wageExpand
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Fatal Tradeoffs: Public and Private Responsibilities for Risk
This book is the culmination and synthesis of Viscusi's distinguished work in the social regulation of risk. It covers issues relating to the value of life, empirical estimates of the value of life,Expand
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Private Values of Risk Tradeoffs at Superfund Sites: Housing Market Evidence on Learning about Risk
This paper incorporates a Bayesian learning model into a hedonic framework to estimate the value that residents place on avoiding cancer risks from hazardous-waste sites. We show that residents areExpand
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Utility Functions That Depend on Health Status: Estimates and Economic Implications
Taylor's series and logarithmic estimates of health state-dependent utility functions both imply that job injuries reduce one's utility and marginal utility of income, thus rejecting the monetaryExpand
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Pricing environmental health risks: survey assessments of risk-risk and risk-dollar trade-offs for chronic bronchitis☆
Abstract This study develops a methodology for measuring the values that individuals place on morbidity risk reductions and applies it to the measurement of the benefits from reducing the risks ofExpand
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Coda : Creativity and Improvisation in Jazzand Organizations: Implications Fororganizational Learning
After discussing the nature of improvisation and the unique challenges and dangers implicit in the learning task that jazz improvisers create for themselves, the author broadly outlines sevenExpand
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