Do we really value identified lives more highly than statistical lives?

Arbeitspapier

Value of Statistical Life (VSL) studies suggest that people's willingness to pay for statistical lives is consistent with their willingness to pay for identified lives. The idea that the valuations are different may be no more than an artifact of the economic method for valuing statistical lives, the human capital approach, that was dominant at the time the distinction was proposed.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2014-13

Classification and Topics

• Classification: Wirtschaft
• Subject: Value of Statistical Life ; Identified Lives

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Russell, Louise B.
• Event: Veröffentlichung
• (who): Rutgers University, Department of Economics
• (where): New Brunswick, NJ
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/123814
• Last update: 10.03.2025, 11:44 AM CET