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The Value of a Statistical Life

  • ANDERSSON Henrik
  • TREICH Nicolas

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

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Handle: RePEc:ler:wpaper:09.04.280
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