Title of article
VSL reconsidered: what do labor supply estimates reveal about risk preferences?
Author/Authors
V. Kerry Smith، نويسنده , , Subhrendu K. Pattanayak، نويسنده , , George L. Van Houtven، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
7
From page
147
To page
153
Abstract
We propose and illustrate a theoretically consistent framework for linking estimates of the value of a statistical life (VSL) to individual preferences. Our example suggests a method for using estimates of the labor supply elasticity to impute a VSL estimate.
Keywords
Value of Statistical Life , labor supply , Preference calibration
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435219
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