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Defining the value of a statistical life: reply
-
- Johansson, Per-Olov (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
- (creator_code:org_t)
- Elsevier, 2002
- 2002
- English.
- In: Journal of health economics. - : Elsevier. - 1879-1646 .- 0167-6296. ; 21:1, s. 177-178
- Journal article (other academic/artistic)
Abstract
Subject headings
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- In general, empirical estimates of a statistical life (VSL) are biased. However, as pointed out by Blomqvist (2001), a true blip in the hazard rate can be used to obtain an exact estimate of the VSL. The question remains whether individuals and markets are able to value such short drops in the hazard rate.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
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- art (subject category)
- vet (subject category)
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