Greenberg, Kyle; Greenstone, Michael; Ryan, Stephen; … - National Bureau of Economic Research - 2021
This paper estimates the value of a statistical life (VSL), or the willingness to trade-off wealth and mortality risk … approach and significant variation in retention bonuses and mortality risk, we recover average VSL estimates that range between … Rosen's (1974) vision to recover indifference curves between wealth and non-market goods (e.g., mortality risk) and document …