risk neutrality with respect to life duration. To overpass this limitation, we extend the theory to a simple variety of … practice, we estimate, puts too little weight on mortality risk reduction of the young. Our correction exceeds in magnitude …

This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of … additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better …

risk neutrality with respect to life duration. To overpass this limitation, we extend the theory to a simple variety of …-saving programs: current practice, we estimate, puts too little weight on mortality risk reduction of the young. Our correction …

This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of … additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better …

purposes of estimating the benefits of mortality risk reduction. Compared to ordinal well-being scales, the VSL also offers a …The value of a statistical life (VSL) monetizes the expected loss in well-being associated with the risk of death. The … variety of additional capabilities by providing a cardinal index of the unit benefits for changes in mortality risks …

risk neutrality with respect to life duration. To overpass this limitation, we extend the theory to a simple variety of …-saving programs: current practice, we estimate, puts too little weight on mortality risk reduction of the young. Our correction …

time preference are not considered simultaneously. We correct for differential mortality risk, risk aversion and … with real monetary rewards conduEted among students in South Africa to estimate risk and time preferences. These …. (2002, 2005), show that HIV+ agents and participants that perceive to have a high HIV contraction risk are less risk …

This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of … additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better …

put forward in the literature to reconcile theory with empirical evidence. Besides the existence of an annuity market and … of a public pension system we assume risk-averse individuals who are uncertain about lifetime and disposable income and …

Risk management decisions provide a candidate to elicit people's risk preferences empirically. In such a context, the … literature often presumes that the decision to invest in risk management and the benefit of this investment occur … intertemporal settings. To fill this gap, we study the effect of an increase in risk aversion on the demand for risk management in a …