respondents. We examine how homeowners in the United Kingdom and Italy value mortality risk reductions by asking them to choose … reduction in the risk of dying from cancer more than from other causes, but UK respondents do not hold such a premium. We also … among hypothetical variants of their home that differ in terms of mortality risks from air pollution and price. To our …

compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in … turn reveal the value of a statistical life (VSL), the value of a statistical injury (VSI), and the value of a statistical … life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates …

on health status. The VSL varies with age, income, the cause of death (e.g., cancer), and other factors. This chapter … also examines the risk-risk analysis approach and provides a comprehensive survey of the use of VSL by government agencies. …The value of risks to life as measured by the risk-money trade-off plays a fundamental role in economic analyses of …