workers' decisions concerning exposure to fatal injury risk there is no statistically significant divergence between … in tradeoff rates for increases and decreases in risk. An important implication for policy is that it is reasonable to …

This article estimates whether there is a cancer risk premium for the value of a statistical life (VSL) using stated … analyses in the U.K. and the U.S. There is also a greater premium for policies that reduce cancer risks to zero and for risk …

workers' decisions concerning exposure to fatal injury risk there is no statistically significant divergence between … in tradeoff rates for increases and decreases in risk. An important implication for policy is that it is reasonable to …

changes for decreases in risk. Our focal result contrasts with the literature documenting a considerable asymmetry in tradeoff … rates for increases and decreases in risk. An important implication for policy is that it is reasonable to use labor market …

type of risk …

value of a statistical life. We show that, with a positive value of life, risk aversion reduces savings and annuity purchase …. Risk averse agents are willing to make an early death a not-so-adverse outcome by enjoying greater consumption when young … and bequeathing wealth in case of death. We also find that greater risk aversion lowers stock market participation. We show …

preferable approach to monetizing mortality risk benefits is to draw on income-adjusted estimates from labor market studies in … the United States that use Census of Fatal Occupational Injuries risk data. These estimates lack publication selection …

, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision …

social welfare. According to existing literature, the marginal willingness to pay (WTP) for reducing fatal risk is affected …