A substantial literature over the past thirty years has evaluated tradeoffs between money and
fatality risks. These values in turn serve as estimates of the value of a statistical life. This …

Cost-benefit analysis (CBA) provides a clear decision rule: undertake an intervention if the
monetary value of its benefits exceed its costs. However, due to a reluctance to characterize …

Estimated values of statistical life exist from 68 reasonably credible studies spread across 13
countries. The income-elasticity of values across countries ranges from 0.85 to 1.00 in …

A large literature has developed in which labor market contracts are used to estimate the
value of a statistical life (VSL). Reported estimates of the VSL vary substantially, from less …

We present the first nationwide value of life estimates for the United States at more than one
point in time. Our estimates are for every ten years between 1940 and 1980, a period when …

An empirical Bayes pooling method is used to combine and compare estimates of the value
of a statistical life (VSL). The data come from 40 selected studies published between 1974 …

The value of a statistical life (VSL) is a very controversial topic, but one which is essential to
the optimization of governmental decisions. We see a great variability in the values obtained …

This paper examines absence behaviour in relation to the working environment. A
theoretical model is built in order to separate the effects of voluntary absences and …

In this book the author examines and ultimately rejects the conventional economic view that
workers who have more dangerous jobs accept their risks voluntarily and are compensated …

Using data from the 1982 Panel Study of Income Dynamics (PSID), the authors investigate
the relationship between wages and the risk of work-related death or nonfatal injury …