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Helping Judges and Juries Understand the Valuation of Chronic Pain Using the Subjective Well-Being Valuation Method
Brown, Timothy - 2020
Chronic pain is an issue that forensic economists are often called upon to value. However, some methods of valuing chronic pain are difficult for judges and juries to understand. One approach that is relatively easy for judges and juries to grasp is the subjective well-being valuation method,...
Persistent link: https://www.econbiz.de/10012840797
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The Fatality and Morbidity Components of the Value of Statistical Life
Gentry, Elissa Philip - 2016
The fatality risk-money tradeoff that is the value of a statistical life (VSL) may vary with the nature of the fatality event. While all fatalities involve loss of future life expectancy, the morbidity effects and their duration may differ. This article analyzes fatality risks accompanied by...
Persistent link: https://www.econbiz.de/10013005167
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Pinning Down the Value of Statistical Life
Kniesner, Thomas J.; Viscusi, W. Kip; Woock, Christopher; … - 2021
Our research addresses fundamental long - standing concerns in the compensating wage differentials literature and its … applying panel data, a new and more accurate fatality risk measure, and systematic selection of panel estimator in our research …
Persistent link: https://www.econbiz.de/10013316766
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Altruism, Fertility, and the Value of Children : Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier Arturo; Soares, Rodrigo R. - 2021
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10013317066
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Child care quality and child development
Araujo, María Caridad; Dormal, Marta; Schady, Norbert … - 2017
Development in early childhood predicts schooling and labor market outcomes in adulthood. In this paper we use a fixed effects identification strategy to assess how differences in the quality of child care affect the communication, fine motor, and problem solving skills of infants and toddlers....
Persistent link: https://www.econbiz.de/10011626015
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La calidad de los jardines de cuidado infantil y el desarrollo infantil
Araujo, María Caridad; Dormal, Marta; Schady, Norbert … - 2017
Development in early childhood predicts schooling and labor market outcomes in adulthood. In this paper we use a fixed effects identification strategy to assess how differences in the quality of child care affect the communication, fine motor, and problem solving skills of infants and toddlers....
Persistent link: https://www.econbiz.de/10011626020
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Essential notion of the health economic evaluation : definition
Botchkarev, Alexei - In: Atlantic review of economics : AROE 2 (2016)
Background: Economic evaluation (EE) is a dynamically advancing knowledge area of health economics. It has been … the economic evaluation remain open for discussion. Academic literature offers a large number and growing variety of EE … comprehensive EE definition. Several methodologies were used to achieve the research objective: identification of related peer …
Persistent link: https://www.econbiz.de/10011890361
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Policy Relevant Heterogeneity in the Value of Statistical Life : New Evidence from Panel Data Quantile Regressions
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - 2012
We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...
Persistent link: https://www.econbiz.de/10014183603
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Terminal Care and the Value of Life Near its End
Philipson, Tomas; Becker, Gary S.; Goldman, Dana P.; … - 2010
Medical care at the end of life, estimated to contribute up to a quarter of US health care spending, often encounters skepticism from payers and policy makers who question its high cost and often minimal health benefits. It seems generally agreed upon that medical resources are being wasted on...
Persistent link: https://www.econbiz.de/10014198525
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Policy Relevant Heterogeneity in the Value of Statistical Life : New Evidence from Panel Data Quantile Regressions
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - 2012
We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...
Persistent link: https://www.econbiz.de/10014202605