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The Value of a Statistical Life

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  • ANDERSSON Henrik
  • TREICH Nicolas

Abstract

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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File URL: http://www2.toulouse.inra.fr/lerna/travaux/cahiers2009/09.04.280.pdf
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Bibliographic Info

Paper provided by LERNA, University of Toulouse in its series LERNA Working Papers with number 09.04.280.

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Date of creation: Feb 2009
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Handle: RePEc:ler:wpaper:09.04.280

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Cited by:
  1. Mellin, Anna & Nerhagen, Lena, 2010. "HEALTH EFFECTS OF TRANSPORT EMISSIONS - A review of the state of the art of methods and data used for external costs calculations," Working Papers 2010:7, Swedish National Road & Transport Research Institute (VTI).
  2. Andersson, Henrik, 2012. "Consistency in preferences for road safety: An analysis of precautionary and stated behavior," TSE Working Papers 12-359, Toulouse School of Economics (TSE).
  3. Henrik Andersson & Arne Risa Hole & Mikael Svensson, 2014. "Valuation of Small and Multiple Health Risks: A Critical Analysis of SP Data Applied to Food and Water Safety," Working Papers 2014005, The University of Sheffield, Department of Economics.
  4. Hultkrantz, Lars & Svensson, Mikael, 2010. "The Economic Value of Preventing Fatalities: Recent evidence on the value of a statistical life in Sweden," Working Papers, Örebro University, School of Business 2010:14, Örebro University, School of Business.
  5. Andersson, Henrik, 2006. "Willingness to Pay for Car Safety: Evidence from Sweden," Working Papers 2006:7, Swedish National Road & Transport Research Institute (VTI).
  6. Andersson, Henrik & Hammitt, James & Lindberg, Gunnar & Sundström, Kristian, 2011. "Willingness to Pay and Sensitivity to Time Framing: A Theoretical Analysis and an Application on Car Safety," TSE Working Papers 11-271, Toulouse School of Economics (TSE).
  7. Treich, Nicolas, 2010. "The value of a statistical life under ambiguity aversion," Journal of Environmental Economics and Management, Elsevier, vol. 59(1), pages 15-26, January.
  8. Sundström, Kristian & Andersson, Henrik, 2009. "Swedish Consumers' Willingness to Pay for Food Safety - a Contingent Valuation Study on Salmonella Risk," Working Papers 2009:2, Swedish National Road & Transport Research Institute (VTI).
  9. Andersson, Henrik & Hammitt, James & Sundström, Kristian, 2011. "Willingness to pay and QALYs: What can we learn about valuing foodborne risk?," LERNA Working Papers, LERNA, University of Toulouse 11.21.355, LERNA, University of Toulouse.

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