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The value of a statistical life (VSL) monetizes the expected loss in well-being associated with the risk of death. The … purposes of estimating the benefits of mortality risk reduction. Compared to ordinal well-being scales, the VSL also offers a …
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optimal amount for risk-neutral decisions. A commitment to the length of play in advance, as in the case of long …
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treatment of corporate risk analyses by the courts. This Article proposes that companies place a greater value on lives at risk … than they have in previous risk analyses and that they be given legal protections for product risk analyses. Companies …
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cases. They also penalized corporations for undertaking corporate risk analyses that seek to trade off cost versus risk …. Judges were less prone to erroneous risk beliefs and less subject to the zero risk mentality …
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firearm homicide risks, and a similar number viewed them as a greater threat to the public. A risk-risk choice experiment … treated mass shooting deaths prevented as if they were 37.5% greater than the stated amounts. Risk-risk tradeoff studies and … stated preference studies more generally should account for whether respondents’ perceived risk levels differ from the risk …
Persistent link: https://www.econbiz.de/10014263010
pairwise risk-risk tradeoff choices. Even after taking into account differences in respondent risk beliefs, the nationally … the same level as preventing deaths from traffic accidents, which pose greater personal risk. Education, seat belt usage …, political preferences, and terrorism risk beliefs affect valuations in the expected manner …
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