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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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Paper provided by Toulouse School of Economics (TSE) in its series TSE Working Papers with number 09-015.

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Date of creation: Feb 2009
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Handle: RePEc:tse:wpaper:22140
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