Arbeitspapier
Measuring the value of a statistical life: problems and prospects
Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this concept and summarizes the major issues, both theoretical and empirical, that must be confronted in order to provide a credible estimate of a VSL. The paper concludes with an application of these issues to a particular study of speed limits and highway safety.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 1911
- Klassifikation
-
Wirtschaft
Value of Life; Forgone Income
Project Evaluation; Social Discount Rate
Health: Government Policy; Regulation; Public Health
- Thema
-
value of a statistical life
speed limits
safety risks
evaluation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ashenfelter, Orley C.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ashenfelter, Orley C.
- Institute for the Study of Labor (IZA)
Entstanden
- 2006
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