Gerking, Shelby; Dickie, Mark; Veronesi, Marcella - In: Journal of Environmental Economics and Management 68 (2014) 1, pp. 20-45
This paper develops and applies an integrated model of mortality and morbidity valuation that is consistent with the principles of welfare economics. To obtain the integrated model, the standard one-period expected utility model of one person facing the prospect of either being alive or dead is...
