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The Benefits of Mortality Risk Reduction: Happiness Surveys vs. The Value of a Statistical Life
(Duke Law Journal, 2013)
A principal component of many benefit-cost analyses (BCAs) of health, safety, and environmental regulations is the valuation of the fatality risk effects of the underlying policy. Government agencies currently value these ...
Risk Regulation Lessons from Mad Cows
(Foundations and Trends in Microeconomics, 2013)
The mad cow disease crisis in the United Kingdom (U.K.) was a major policy disaster. The government and public health officials failed to identify the risk to humans, created tremendous uncertainty regarding the human risks ...
Risk Regulation Lessons from Mad Cows
(Foundations and Trends in Microeconomics, 2013)
The mad cow disease crisis in the United Kingdom (U.K.) was a major policy disaster. The government and public health officials failed to identify the risk to humans, created tremendous uncertainty regarding the human risks ...
Using Data from the Census of Fatal Occupational Injuries to Estimate the "value of a statistical life"
(Monthly Labor Review, 2013)
The advent of the Census of Fatal Occupational Injuries has enabled researchers to reduce measurement error in
fatality rate estimates; in turn, estimates of the “value of a statistical life” that are based on labor market ...