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 …

are perceived to be less productive, on average, than male workers. "Second-moment" discrimination would occur when risk … discrimination in a labor market setting. Since decision-makers may not view risk in the same way as economists or statisticians (i ….e., risk=variance of distribution), we also examine two possible alternative measures of risk: the support of the distribution …

are perceived to be less productive, on average, than male workers. "Second-moment" discrimination would occur when risk … discrimination in a labor market setting. Since decision-makers may not view risk in the same way as economists or statisticians (i ….e., risk-variance of distribution), we also examine two possible alternative measures of risk: the support of the distribution …