Policy Challenges of the Heterogeneity of the Value of Statistical Life

Author:   W. Kip Viscusi
Publisher:   now publishers Inc
ISBN:  

9781601984760


Pages:   90
Publication Date:   30 July 2011
Format:   Paperback
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

Our Price $171.60 Quantity:  
Add to Cart

Share |

Policy Challenges of the Heterogeneity of the Value of Statistical Life


Add your own review!

Overview

Focuses on the variation in VSL both across different studies in the academic literature and in different policy contexts. These differences often reflect quite legitimate heterogeneity in the valuation of risk. This review of the academic literature is coupled with an examination of the policy arena's use of the VSL methodology. Government agencies adopted the VSL approach to valuing risk regulations almost three decades ago. As government agencies continue to refine their benefit assessment procedure, the potential role of heterogeneity of VSL has moved to the forefront of these debates. Sections II through IV review various analytical underpinnings of the VSL methodology, particularly focusing onlabour market estimates. Subsequent sections consider different sources of heterogeneity, how these sources should influence benefit assessments, and how they have been used in actual policy contexts.

Full Product Details

Author:   W. Kip Viscusi
Publisher:   now publishers Inc
Imprint:   now publishers Inc
Dimensions:   Width: 15.60cm , Height: 0.50cm , Length: 23.40cm
Weight:   0.140kg
ISBN:  

9781601984760


ISBN 10:   1601984766
Pages:   90
Publication Date:   30 July 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

Table of Contents

"1. Introduction. 2. Calculating the Value of Statistical Life. 3. Heterogeneity of VSL Based on the Risk Level. 4. Segmented Labor Markets. 5. Heterogeneity Based on Age. 6. Value of a Statistical Life Year (VSLY). 7. Income Effects. 8. The Advent of Using VSL in the Policy Arena. 9. The ""Senior Discount"" Controversy. 10. Should Income Levels Matter? 11. The Devaluation of Life Controversy. 12. Adjustments for the Size of Risk. 13. Latency and Cancer Benefit Issues. 14. Dread and Contextual Sources of Variation in Valuing Life: Deaths from Attacks by Terrorists. 15. Should the VSL Be Added to the Present Value of Economic Damages? 16. Conclusion."

Reviews

Author Information

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List