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dc.contributor.authorAshenfelter, Orleyen_US
dc.date.accessioned2011-10-26T01:30:43Z-
dc.date.available2011-10-26T01:30:43Z-
dc.date.issued2005-12-01T00:00:00Zen_US
dc.identifier.urihttp://arks.princeton.edu/ark:/88435/dsp01s1784k739-
dc.description.abstractTradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this concept and summarizes the major issues, both theoretical and empirical, that must be confronted in order to provide a credible estimate of a VSL. The paper concludes with an application of these issues to a particular study of speed limits and highway safety.en_US
dc.relation.ispartofseriesWorking Papers (Princeton University. Industrial Relations Section) ; 505en_US
dc.subjectValue of a statistical lifeen_US
dc.subjectspeed limitsen_US
dc.subjectvalue of timeen_US
dc.subjectsafety risken_US
dc.titleMeasuring the Value of a Statistical Life: Problems and Prospectsen_US
dc.typeWorking Paperen_US
pu.projectgrantnumber360-2050en_US
Appears in Collections:IRS Working Papers

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