Policy makers confronted with the need to introduce health and safty regulations often wonder how to value the benifites of these regulations. One way that a monetory value could be placed on reductions in health risks, including risk of death, is through understanding how people are compensated...

by S. Madheswaran, SANDEE Working Paper No. 9-04Abstract: Policy makers confronted with the need to introduce health and safety regulations often wonder how to value the benefits of these regulations. One way that a monetary value could be placed on reductions in health risks, including risk of...