VSL reconsidered: What do labor supply estimates reveal about risk preferences?

Journal Article (Journal Article)

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. © 2003 Elsevier Science B.V. All rights reserved.

Full Text

Duke Authors

Cited Authors

  • Smith, VK; Pattanayak, SK; Van Houtven, GL

Published Date

  • August 1, 2003

Published In

Volume / Issue

  • 80 / 2

Start / End Page

  • 147 - 153

International Standard Serial Number (ISSN)

  • 0165-1765

Digital Object Identifier (DOI)

  • 10.1016/S0165-1765(03)00081-8

Citation Source

  • Scopus