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...

Despite unprecedented health improvements in twentieth century England and Wales there have been a limited number of attempts to quantify these developments in mortality and especially morbidity. The paper provides an outline of an original methodology which was established to overcome the...

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...

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...

There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....

Welfare States do not insure citizens against the risk of premature death, i.e., the risk of having a short life. Using a dynamic OLG model with risky lifetime, this paper compares two insurance devices reducing well-being volatility due to the risk of early death: (i) an ante-mortem age-based...

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...

The Greater Los Angeles Homeless Counts from 2007 through 2017 are viewed as a body of work rather than discrete annual snapshots and assesses the extent to which the Counts present a consistent body of evidence and the extent to which there are inconsistencies among Counts, or with other data,...

We have an imperfect system of criminal justice in which we try our best to be right most of the time, but in which people inevitably will be wrongfully convicted. The conventional approach of treating wrongful convictions as "failures" of the criminal justice system leaves wrongfully convicted...