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The older the more valuable: Divergence between utility and dollar values of life as one ages

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  • Yew-Kwang Ng

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File URL: http://hdl.handle.net/10.1007/BF01236005
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics Zeitschrift für Nationalökonomie.

Volume (Year): 55 (1992)
Issue (Month): 1 (February)
Pages: 1-16

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Handle: RePEc:kap:jeczfn:v:55:y:1992:i:1:p:1-16

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Web page: http://www.springerlink.com/link.asp?id=108909

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  1. Stein, Jerome L, 1969. "A Minimal Role of Government in Achieving Optimal Growth," Economica, London School of Economics and Political Science, vol. 36(142), pages 139-50, May.
  2. Ippolito, Pauline M. & Ippolito, Richard A., 1984. "Measuring the value of life saving from consumer reactions to new information," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 53-81, November.
  3. Yew-Kwang Ng, . "Divergence between Utility and Dollar Values of Life as One Ages: Solving the Parish Paradox and Raising Perplexing Policy Issues," Discussion Paper Serie A 270, University of Bonn, Germany.
  4. Mishan, E J, 1971. "Evaluation of Life and Limb: A Theoretical Approach," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 687-705, July-Aug..
  5. Ihori, Toshihiro, 1978. "The Golden Rule and the Role of Government in a Life Cycle Growth Model," American Economic Review, American Economic Association, vol. 68(3), pages 389-96, June.
  6. Harrington, Winston & Portney, Paul R., 1987. "Valuing the benefits of health and safety regulation," Journal of Urban Economics, Elsevier, vol. 22(1), pages 101-112, July.
  7. Jones-Lee, M W & Hammerton, M & Philips, P R, 1985. "The Value of Safety: Results of a National Sample Survey," Economic Journal, Royal Economic Society, vol. 95(377), pages 49-72, March.
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Cited by:
  1. Bert Wee & Piet Rietveld, 2013. "Using value of statistical life for the ex ante evaluation of transport policy options: a discussion based on ethical theory," Transportation, Springer, vol. 40(2), pages 295-314, February.
  2. James Hammitt & Jin-Tan Liu, 2004. "Effects of Disease Type and Latency on the Value of Mortality Risk," Journal of Risk and Uncertainty, Springer, vol. 28(1), pages 73-95, January.
  3. James Hammitt, 2013. "Admissible utility functions for health, longevity, and wealth: integrating monetary and life-year measures," Journal of Risk and Uncertainty, Springer, vol. 47(3), pages 311-325, December.
  4. Guang-Zhen Sun & Yew-Kwang Ng, 2008. "Finite Life Expectancy And The Age-Dependent Value Of A Statistical Life," Development Research Unit Working Paper Series 12/08, Monash University, Department of Economics.
  5. James Hammitt & Kevin Haninger, 2010. "Valuing fatal risks to children and adults: Effects of disease, latency, and risk aversion," Journal of Risk and Uncertainty, Springer, vol. 40(1), pages 57-83, February.

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