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 …

models that have been employed to generate empirical estimates of the value of statistical life (VSL) have produced a … substantial literature on VSL based on market behavior. Segmentation of labor market opportunities requires that the hedonic … on health status. The VSL varies with age, income, the cause of death (e.g., cancer), and other factors. This chapter …

The considerable literature on the value of a statistical life (VSL) documents the wage-mortality risk tradeoffs for …. Because of the longer life expectancy for children, there have been proposals to add a premium to their VSL, which would … generate an inconsistency with revealed preference estimates of the VSL trajectory over the life cycle. The shorter life …

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 …

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 …

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. …

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 …