Browsing by Subject "Life expectancy-- Valuation -- United States -- Mathematical models"

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    • Value of a Statistical Life: Relative Position vs. Relative Age 
      Viscusi, W. Kip; Kniesner, Thomas J. (American Economic Review, 2005)
      This paper examines the influence on estimates of the value of statistical life (VSL) of the worker's relative position in the wage distribution and relative position in the life cycle. Whereas past work on relative position ...