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How to value a life

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  • W. Viscusi

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Abstract

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Suggested Citation

  • W. Viscusi, 2008. "How to value a life," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 32(4), pages 311-323, October.
  • Handle: RePEc:spr:jecfin:v:32:y:2008:i:4:p:311-323
    DOI: 10.1007/s12197-008-9030-x
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    File URL: http://hdl.handle.net/10.1007/s12197-008-9030-x
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    References listed on IDEAS

    as
    1. Joseph E. Aldy & W. Kip Viscusi, 2008. "Adjusting the Value of a Statistical Life for Age and Cohort Effects," The Review of Economics and Statistics, MIT Press, vol. 90(3), pages 573-581, August.
    2. Frank A. Sloan & Jan Ostermann & Christopher Conover & Donald H. Taylor, Jr. & Gabriel Picone, 2006. "The Price of Smoking," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262693453, January.
    3. Cutler, David M., 2002. "Health care and the public sector," Handbook of Public Economics,in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 31, pages 2143-2243 Elsevier.
    4. Jahn K. Hakes & W. Kip Viscusi, 2007. "Automobile Seatbelt Usage and the Value of Statistical Life," Southern Economic Journal, Southern Economic Association, vol. 73(3), pages 659-676, January.
    5. Kniesner Thomas J & Viscusi W. Kip & Ziliak James P, 2006. "Life-Cycle Consumption and the Age-Adjusted Value of Life," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-36, January.
    6. W. Kip Viscusi & Joni Hersch, 2001. "Cigarette Smokers As Job Risk Takers," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 269-280, May.
    7. Viscusi, W. Kip & Hersch, Joni, 2008. "The mortality cost to smokers," Journal of Health Economics, Elsevier, vol. 27(4), pages 943-958, July.
    8. Jonathan Gruber & Botond Köszegi, 2001. "Is Addiction "Rational"? Theory and Evidence," The Quarterly Journal of Economics, Oxford University Press, vol. 116(4), pages 1261-1303.
    9. W. Kip Viscusi & Jahn K Hakes, 2008. "Risk Beliefs And Smoking Behavior," Economic Inquiry, Western Economic Association International, vol. 46(1), pages 45-59, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Cardoso, Andrea, 2015. "Behind the life cycle of coal: Socio-environmental liabilities of coal mining in Cesar, Colombia," Ecological Economics, Elsevier, vol. 120(C), pages 71-82.
    2. Fouquet, Roger, 2011. "Long run trends in energy-related external costs," Ecological Economics, Elsevier, vol. 70(12), pages 2380-2389.
    3. Brown, Timothy Tyler, 2014. "How effective are public health departments at preventing mortality?," Economics & Human Biology, Elsevier, vol. 13(C), pages 34-45.
    4. Sobieralski, Joseph B., 2013. "The cost of general aviation accidents in the United States," Transportation Research Part A: Policy and Practice, Elsevier, vol. 47(C), pages 19-27.
    5. Leiter, Andrea & Thöni, Magdalena & Winner, Hannes, 2012. "Evaluating human life using court decisions on damages for pain and suffering," International Review of Law and Economics, Elsevier, vol. 32(1), pages 119-128.

    More about this item

    Keywords

    Value of Statistical Life; Risk Regulation; Cigarettes; Mortality Cost; J17; I12; I18;

    JEL classification:

    • J17 - Labor and Demographic Economics - - Demographic Economics - - - Value of Life; Foregone Income
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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