Search Results - subject:"Value of a Statistical Life"

Paying for Permanence: Public Preferences for Contaminated Site Cleanup

Alberini, Anna; Tonin, Stefania; Turvani, Margherita; … - Fondazione ENI Enrico Mattei (FEEM) - 2006

cities in Italy with severely contaminated sites. We estimate the Value of a Statistical Life to be about €5.6 million for an …

Persistent link: https://www.econbiz.de/10005423045

The Value of a Statistical Life in Sweden Estimates from Two Studies using the "Certainty Approach" Calibration

Svensson, Mikael - Handelshögskolan, Örebro Universitet - 2006

Stated preference methods using surveys to elicit willingness to pay have been shown to suffer from hypothetical bias and scope/scale bias. Hypothetical bias usually means that willingness to pay is exaggerated in the hypothetical scenario and scope/scale bias means that there is an...

Persistent link: https://www.econbiz.de/10005051637

COST BENEFIT ANALYSIS, VALUE OF A STATISTICAL LIFE AND CULTURE: CHALLENGES FOR RISK REGULATION

Marquez, Pablo - Volkswirtschaftliche Fakultät, … - 2006

The author studies three aspects of human live valuation and its relation with cost benefit analysis and regulation. More precisely the author addresses the problem of valuation of a statistical human life and its relation with cost benefit analysis in mortality risk reduction. First, studies...

Persistent link: https://www.econbiz.de/10005623429

The Value of a Statistical Life: a Meta-Analysis with a Mixed Effects Regression Model

Bellavance, François; Dionne, Georges; Lebeau, Martin - Centre Interuniversitaire sur le Risque, les Politiques … - 2006

The value of a statistical life (VSL) is a very controversial topic, but one which is essential to the optimization of … first to use the mixed effects regression model (Raudenbush, 1994) to analyze studies on the value of a statistical life …

Persistent link: https://www.econbiz.de/10005670299

Discount Rates in Risk v. Money and Money v. Money Tradeoffs

Alberini, Anna; Chiabai, Aline - Fondazione ENI Enrico Mattei (FEEM) - 2006

We use data from a survey of residents of five Italian cities conducted in late Spring 2004 to estimate the discount rates implicit in (a) money v. future risk reductions and (b) money v. money tradeoffs. We find that the mean personal discount rate is 2% in (a) and 8.7% in (b). The latter is...

Persistent link: https://www.econbiz.de/10005570283

The value of life and its regional difference in China

Qin, Xuezheng; Li, Lixing; Liu, Yangyang - In: China Agricultural Economic Review 5 (2013) 3, pp. 373-390

Purpose – The purpose of this paper is to estimate the value of a statistical life (VSL) in China using the hedonic …

Persistent link: https://www.econbiz.de/10014689881

The value of a statistical life in Chile

Parada-Contzen, Marcela; Riquelme-Won, Andrés; … - In: Empirical Economics 45 (2013) 3, pp. 1073-1087

In this article, we estimated the value of a statistical life and the value of a statistical injury (VSI) for Chilean … hedonic log-wage equation taking into account of selection bias and endogeneity. The estimated value of a statistical life was …

Persistent link: https://www.econbiz.de/10010794000

Using value of statistical life for the ex ante evaluation of transport policy options: a discussion based on ethical theory

Wee, Bert; Rietveld, Piet - In: Transportation 40 (2013) 2, pp. 295-314

acceptance of fatalities or risks in monetary terms? (2) How useful is the concept of the value of a statistical life (VOSL) for … research to underpin this expectation. The answer to question 4 is that several methods exist to estimate the value of a … statistical life (VOSL), willingness-to-pay (WTP) methods being the most common category of methods. However, several …

Persistent link: https://www.econbiz.de/10010867350

Demand for health risk reductions

Cameron, Trudy Ann; DeShazo, J.R. - In: Journal of Environmental Economics and Management 65 (2013) 1, pp. 87-109

A choice model based on utility in a sequence of prospective future health states permits us to generalize the concept of the value of statistical life (VSL). Our representative national survey asks individuals to choose between costly risk-reducing programs and the status quo in randomized...

Persistent link: https://www.econbiz.de/10010868982

Consistency in preferences for road safety: An analysis of precautionary and stated behavior

Andersson, Henrik - In: Research in Transportation Economics 43 (2013) 1, pp. 41-49

consistency between the two. Using data from a Swedish contingent valuation study we find that the estimated value of a … statistical life (VSL) based on the respondents' rear-seatbelt usage is similar to the estimate found using the respondents …

Persistent link: https://www.econbiz.de/10010665571