Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/102604
Authors: 
Feldman, Allan M.
Year of Publication: 
1998
Series/Report no.: 
Working Paper, Brown University, Department of Economics 1998-13
Abstract: 
This paper develops two straightforward value of life models; one is a probabilistic value of life model and the second is a determinstic value of time model. Simplifying assumptions allow both models to be solved analytically. Constant relative risk aversion utility functions are used, and both value of life and value of time are solved for a functions of the relative risk-aversion parameter.
JEL: 
D11
D61
D60
D91
Document Type: 
Working Paper

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