question whether using VSL figures based on private risk reduction, which is usually recommended to avoid double … ; Mortality Risk Reductions ; Cost-benefit Analysis ; Forced Choice Questions … lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air …

mortality risk reductions. We find similar Value of Statistical Life estimates across the two studies, ranging from USD 930 …,000 to USD 4.8 million (2000 US dollars). WTP increases with risk reduction size, but varies little with respondent age …: individuals aged over 70 years hold WTP values approximately one-third lower than other respondents. Respondent health status has …

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 …