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locus we discuss imply the so-called value of a statistical life (VSL) that is useful as the benefit value in a cost … dimensions of heterogeneity in VSL, including by age and consumption plans, the latent trait that affects wages and job safety …
Persistent link: https://www.econbiz.de/10010272633
public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range …
Persistent link: https://www.econbiz.de/10010277313
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 …
Persistent link: https://www.econbiz.de/10014533934
or operational guidelines (equality of rights, VSL, QALY, ...) that have been used in the Western world over the last …
Persistent link: https://www.econbiz.de/10012237663
statistical life (VSL) and relative severity/injury estimates from the Department of Transportation (DOT), we estimate an overall … is almost 40% higher than the total valuation of $1.6 trillion (using about $11 million VSL from the DOT) for all …
Persistent link: https://www.econbiz.de/10012322431
Persistent link: https://www.econbiz.de/10011443168
We develop a framework for assessing the net benefits of investments to promote bicycling, which explicitly accounts for internal costs of bicycling. We apply our model to eight Swiss cities using data from the Swiss national travel survey and find that increasing the level of bicycling by...
Persistent link: https://www.econbiz.de/10010485086
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