Guignet, Dennis; Alberini, Anna - 2013
quantitative and clearly specified measure of health risks. We find that Italian homeowners hold a value of a statistical life (VSL …) of about €6.4 million, but UK homeowners tend to hold a much lower VSL (€2.1 million). This may be due to the fact that … find that those who face higher baseline risks, due to higher air pollution levels where they live, hold a higher VSL …