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
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
Journal title :
Economics Letters
