The implicit valuation of risks to life. A comparative analysis

V. Kerry Smith; Carol C.S. Gilbert

doi:10.1016/0165-1765(84)90195-2

The implicit valuation of risks to life. A comparative analysis

V. Kerry Smith, Carol C.S. Gilbert

Economics

Research output: Contribution to journal › Article › peer-review

8 Scopus citations

Abstract

This paper reports estimates of the implicit valuation of risk reductions for different sources of risk - on-the-job accidents and exposure to air pollutants. A hedonic wage model estimated using the May 1978 Current Population Survey for individuals in 44 SMSA's provides the basis for the estimates of implicit values of risk. The findings suggest quite different valuations of comparable risk changes.

Original language	English (US)
Pages (from-to)	393-399
Number of pages	7
Journal	Economics Letters
Volume	16
Issue number	3-4
DOIs	https://doi.org/10.1016/0165-1765(84)90195-2
State	Published - 1984

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0165-1765(84)90195-2

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title = "The implicit valuation of risks to life. A comparative analysis",

abstract = "This paper reports estimates of the implicit valuation of risk reductions for different sources of risk - on-the-job accidents and exposure to air pollutants. A hedonic wage model estimated using the May 1978 Current Population Survey for individuals in 44 SMSA's provides the basis for the estimates of implicit values of risk. The findings suggest quite different valuations of comparable risk changes.",

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The implicit valuation of risks to life. A comparative analysis

Abstract

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