Kniesner, Thomas; Viscusi, W.; Ziliak, James - In: Journal of Risk and Uncertainty 48 (2014) 3, pp. 187-205
Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of a statistical life (VSL). We present econometric estimates using panel data to analyze the VSL levels associated with job changes that may affect the...