There are many possible connections between VSL and behavioral economics. A list of topics includes endowment effects, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision utilities. There are also nudges that connect to estimating...

Valuing a change in the risk of death is a key input into the calculation of the benefits of environmental policies that save lives. Typically such risks are monetized using the Value of a Statistical Life (VSL). Because the majority of the lives saved by environmental policies are those of...

This paper examines factors that may influence the estimates of the Value of a Statistical Life obtained from contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of distributional assumptions, the choice of the welfare...

""La vie humaine n'a pas de prix", dit l'adage populaire... Et pourtant, on ne cesse de la marchander. Le trafic des êtres humains est une réalité quotidienne pour des millions d'individus : le passage clandestin d'Asie en Europe se paie 45 000 euros ; un enfant-soldat se négocie autour de...