Alberini, Anna; Hunt, Alistair; Markandya, Anil - 2004
that save lives. Typically such risks are monetized using the Value of a Statistical Life (VSL). Because the majority of … value of an extension in remaining life expectancy. We find that the value of a month's extension in life expectancy … increases with age and with serious cardiovascular and respiratory illnesses experienced by the respondent. The value of a loss …