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compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in … life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates …
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nationally representative U.S. sample of 3,585 households. Based on the average annual gastrointestinal (GI) illness risk in the … U.S. from drinking water of about 5 illnesses per 100 population, eliminating the GI risk has a median annual value per … household of $219. The considerable heterogeneity in the values arises largely from differences in attitudes towards risk and …
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