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

Publication ,  Journal Article
Smith, VK; Pattanayak, SK; Van Houtven, GL
Published in: Economics Letters
August 1, 2003

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.

Duke Scholars

Published In

Economics Letters

DOI

ISSN

0165-1765

Publication Date

August 1, 2003

Volume

80

Issue

2

Start / End Page

147 / 153

Related Subject Headings

  • Economics
  • 38 Economics
  • 14 Economics
 

Citation

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MLA
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Smith, V. K., Pattanayak, S. K., & Van Houtven, G. L. (2003). VSL reconsidered: What do labor supply estimates reveal about risk preferences? Economics Letters, 80(2), 147–153. https://doi.org/10.1016/S0165-1765(03)00081-8
Journal cover image

Published In

Economics Letters

DOI

ISSN

0165-1765

Publication Date

August 1, 2003

Volume

80

Issue

2

Start / End Page

147 / 153

Related Subject Headings

  • Economics
  • 38 Economics
  • 14 Economics