in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this … value of a statistical life (VSL) by analyzing labor market data to study people's willingness to pay (WTP) for reductions …

There are many possible connections between VSL and behavioral economics. A list of topics includes endowment effects …, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision … utilities. There are also nudges that connect to estimating or using VSL in government decisions and cousins of behavioral …

This paper accounts for the value of children and future generations in the evaluation of health policies. This is … adults' willingness to pay for changes in child mortality and also to incorporate the welfare of future generations in the … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …

policy relevant outcomes and policy effects, that of the wage premia for fatal injury risk. Estimates of the overall hedonic … locus we discuss imply the so-called value of a statistical life (VSL) that is useful as the benefit value in a cost … dimensions of heterogeneity in VSL, including by age and consumption plans, the latent trait that affects wages and job safety …

risk aversion. Because the VSL varies elastically with income, regulatory agencies should regularly update the VSL used in …We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile … regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our …

public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range … applying panel data, a new and more accurate fatality risk measure, and systematic selection of panel estimator in our research …

mortality if and only if mortality risk is convex in forecast errors. We test for such convexity using data on the universe of … how people use advance information to reduce mortality from heat and cold. Theoretically, more accurate forecasts reduce … mortality events and weather forecasts for a twelve-year period in the U.S. Results show that erroneously mild forecasts …

less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of … workers' decisions concerning exposure to fatal injury risk there is no statistically significant divergence between … in tradeoff rates for increases and decreases in risk. An important implication for policy is that it is reasonable to …

This paper estimates the long-term health effects of Vietnam-Era military service using Australia's National … conscription lotteries for identification. Our primary contribution is the quality and breadth of our health outcomes. We use … several administrative sources, containing a near-universe of records on mortality (1994-2011), cancer diagnoses (1982 …