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The Value of a Statistical Life is a key input into the calculation of the benefits of environmental policies that save lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air pollution regulations, however, are linked to reductions...
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This article examines the rationality of seatbelt usage using an original data set of 465 adult respondents. People with high stated values of statistical life, who do not smoke, and who have risk beliefs that are highly elastic with respect to actual risks are more likely to use seatbelts, as...
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"Many studies show that women are more risk averse than men. In this paper, following DeLeire and Levy (2004) for the US, we use family structure as a proxy for the degree of risk aversion to test the proposition that those with strong aversion to risk will make occupational choices biased...
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