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The advantages and disadvantages of genetic modification of organisms in agriculture are reviewed. These relate to the environment, human health, socio-economic effects, population growth, and differential consequences for developed and developing countries. An overall evaluation requires that...
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worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …
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We offer a theory of how the combination of budget constraints and insurance drives up prices. A natural context for …
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Meritocratic fairness justifies inequality when it stems from performance. Yet performance is influenced by one's genetics. I investigate whether individuals' redistribution preferences are affected by their beliefs about genetics' role in generating performance inequality. In an incentivized...
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Accident costs are an important component of the external costs of traffic, a substantial part of whichis related to fatal accidents. The evaluation of fatal accident costs crucially depends on theavailability of an estimate for the economic value of a statistical life. The aim of the...
Persistent link: https://www.econbiz.de/10011304399
This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...
Persistent link: https://www.econbiz.de/10011376457