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In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of...
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In 1987 the federal government permitted states to raise the speed limit on their rural interstate roads, but not on their urban interstate roads, from 55 mph to 65 mph for the first time in over a decade. Since the states that adopted the higher speed limit must have valued the travel hours...
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This paper investigates the decline in traffic accidents, fatalities and injuries during the months that COVID-19 stay-at-home orders implemented in Turkey. Taking into account the decline in accidents in March and April together, these rates roughly translate to 200 traffic related deaths and...
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