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The Value of a Statistical Life

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://www.transportportal.se/SWoPEc/Andersson_Treich_VSL.pdf
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Paper provided by Swedish National Road & Transport Research Institute (VTI) in its series Working Papers with number 2008:1.

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Length: 36 pages
Date of creation: 25 Jan 2008
Date of revision:
Publication status: Published in A Handbook of Transport Economics, de Palma, André, Lindsey, Robin, Quinet, Emile, Vickerman, Roger (eds.), 2011, chapter 17, pages 396-424, Edward Elgar.
Handle: RePEc:hhs:vtiwps:2008_001
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VTI, Transport Economics, P.O. Box 6056, SE-171 06 Solna, Sweden

Phone: +46-13-20 40 00
Fax: +46-13-14 14 36
Web page: http://www.vti.se/tek
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