Global climate change is of official concern at the national level throughout Europe and is mirrored in individual data. Examination of 1999 Eurobarometer survey data with respondents from 15 European countries indicates that respondents who are very worried about global warming risks are...

We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...

Although benefit assessment principles are well established for specific populations, very little attention has been paid to how to define the scope of the pertinent population for such assessments. Whose social welfare matters and whose benefits should be included in the assessment? In the case...