Hersch, Joni; Pickton, Todd S - In: Journal of Risk and Uncertainty 11 (1995) 3, pp. 205-17
Using data from a large national sample, this article examines how individual differences in risk attitudes affect wage-risk tradeoffs. Smoking and seat belt use are used as proxies for individual willingness to bear risk. Workers who by their behavior indicate a high value of safety - e.g.,...