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
APA
Chicago
ICMJE
MLA
NLM
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
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