Similar Search Results

Can Property Values Capture Changes in Environmental Health Risks? Evidence from a Stated Preference Study in Italy and the UK

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 …

Persistent link: https://www.econbiz.de/10010328698

Policy relevant heterogeneity in the value of statistical life: new evidence from panel data quantile regressions

Kniesner, Thomas J.; Viscusi, William Kip; Ziliak, … - 2009

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 … million to $8 million per life saved, but the VSL varies considerably across the labor force. Our results reconcile the …

Persistent link: https://www.econbiz.de/10010277335

Willingness to accept equals willingness to pay for labor market estimates of the value of statistical life

Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James Patrick - 2012

less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of … use labor market estimates of VSL as a measure of the willingness to pay for additional safety. …

Persistent link: https://www.econbiz.de/10010287645

New estimates of the value of a statistical life using air bag regulations as a quasi-experiment

Rohlfs, Chris; Sullivan, Ryan; Kniesner, Thomas J. - 2012

bags to trace out the demand curve for air bags and the implied distribution of the Value of a Statistical Life (VSL …) across consumers. While imprecise, our preferred point estimates indicate that the median VSL is between $7 million and $13 …

Persistent link: https://www.econbiz.de/10010289902

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. - Institute for the Study of Labor (IZA) - 2009

Persistent link: https://www.econbiz.de/10008527320

The heterogeneity of the value of statistical life: Introduction and overview

Viscusi, W. - In: Journal of Risk and Uncertainty 40 (2010) 1, pp. 1-13

Persistent link: https://www.econbiz.de/10008480652

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. - Center for Policy Research, Maxwell School - 2009

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 … million to $8 million per life saved, but the VSL varies considerably cross the labor force. Our results reconcile the …

Persistent link: https://www.econbiz.de/10008461776

Age Differences in the Value of Statistical Life: Revealed Preference Evidence

Aldy, Joseph E.; Viscusi, W. Kip - 2007

empirical basis for analyses of the value of statistical life (VSL). This market evidence also provides guidance on how VSL … varies with age. While labor market studies have generated conflicting evidence—some showing that VSL rises with age and … others showing that VSL declines with age—more refined estimates that take into account the age variation in job fatality …

Persistent link: https://www.econbiz.de/10005442468

Jury Verdicts in Drunken Driving Cases

Smith, Stan; Zaloshnja, Eduard; Miller, Ted; Smith, David; … - In: Review of Law & Economics 4 (2008) 1, pp. 22-22

The objective of this study was to examine the factors used by juries to make their decisions on compensatory damages awarded for physical injuries in automobile crash cases involving driving under the influence of alcohol and to compute a value that juries might award for hypothetical total...

Persistent link: https://www.econbiz.de/10005246141

Age, autos, and the value of a statistical life

O'Brien, James - In: Journal of risk and uncertainty : JRU 57 (2018) 1, pp. 51-79

Persistent link: https://www.econbiz.de/10012022881