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that some forecasters underly a bias, while others do not. Overall, our regression results indicate a high degree of …
Persistent link: https://www.econbiz.de/10002740180
Persistent link: https://www.econbiz.de/10011517513
estimates in this subset of the literature. The bias is greatest for the largest estimates, possibly because the high …. Estimates from lower-income countries exhibit less bias but remain unreliable for benefit-cost analysis. Unlike labor market …
Persistent link: https://www.econbiz.de/10012841765
of the VSL are similar to those in the all-set sample. The bias-corrected estimate of the VSL for the all-set USA sample …, as one might expect, given the subjective nature of the best-set selection process. While “best estimate selection bias …
Persistent link: https://www.econbiz.de/10012962820
Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias yield … bias-corrected estimates of VSL that are higher for labor market studies using the more recent Census of Fatal Occupational … of the variable used to capture publication bias effects. Meta-regression estimates for a large sample of VSL estimates …
Persistent link: https://www.econbiz.de/10013054036
Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias yield … bias-corrected estimates of VSL that are higher for labor market studies using the more recent Census of Fatal Occupational … of the variable used to capture publication bias effects. Meta-regression estimates for a large sample of VSL estimates …
Persistent link: https://www.econbiz.de/10012458550
estimates, particularly for studies based on international data. This pattern of publication bias effects is consistent with … statistically significant publication selection effects. Adjusting a baseline bias-adjusted U.S. VSL estimate of $9.6 million using …
Persistent link: https://www.econbiz.de/10012965813
Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias often … yield bias-corrected estimates of VSL that are substantially below the mean VSL estimates. Labor market studies using the … bias-corrected estimates than do studies based on earlier fatality rate measures. These results are borne out by the …
Persistent link: https://www.econbiz.de/10014140930
exhibited hindsight bias, i.e., reported that risk assessments did not rise after 9/11. Estimates should have risen given that a … major attack was an event with a low and highly uncertain probability. Equivalent numbers showed hindsight bias surrounding … well. However, individuals suffering from hindsight bias are much less supportive. Interestingly, people exhibiting …
Persistent link: https://www.econbiz.de/10014070120
This paper updates the mortality cost of expenditures. Because changes in income lead to changes in mortality risk, regulatory expenditures costing more per life saved than a threshold cost-per-life saved cutoff level are expected to increase mortality risk. This article discusses the mechanisms...
Persistent link: https://www.econbiz.de/10012834407