This paper on the value of a statistical life (VSL) has been prepared for the Handbook in Transport Economics, edited by André de Palma, Robin Lindsey, Emile Quinet and Roger Vickerman. The paper's first objective is to survey some classical theoretical and empirical findings in the VSL literature; but it also attempts to clarify some of these issues often raised by the application of the WTP approach to study of mortality risks.
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Paper provided by Swedish National Road & Transport Research Institute (VTI) in its series Working Papers with number
2008:1.
Length: 36 pages Date of creation: 25 Jan 2008 Date of revision: Publication status: Forthcoming in Handbook in Transport Economics, de Palma, André, Lindsey, Robin , Quinet , Emile , Vickerman, Roger (eds.), Edward Elgar. Handle: RePEc:hhs:vtiwps:2008_001
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