Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments …. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance …

Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments …. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance …

The refinement in worker fatality risk data used in hedonic wage studies and evidence from new stated preference … elasticity of VSL are 1.0 or above, which are consistent with theoretical models linking VSL to the coefficient of relative risk … aversion. The specific relationship between VSL and risk aversion is, however, more complex than previously understood. Age …