Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/18905 
Kompletter Metadatensatz
Erscheint in der Sammlung:
DublinCore-FeldWertSprache
dc.contributor.authorBommier, Antoineen
dc.contributor.authorVilleneuve, Bertranden
dc.date.accessioned2009-01-28T15:53:42Z-
dc.date.available2009-01-28T15:53:42Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/18905-
dc.description.abstractThis paper argues for an alternative methodology to estimate the value of risk to life. Byrelaxing the assumption of additive separability, we introduce risk aversion with respect to thelength of life and show that the extended model better fits available data. This is crucial forthe extrapolation stage that the evaluation of life-saving programs systematically requires.Current practice, we show, puts too little weight on the young. Our correction surpasses inmagnitude that introduced by the switch from the notion of number of lives saved to thenotion of years of life saved.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1267en
dc.subject.jelD61en
dc.subject.jelI18en
dc.subject.jelD91en
dc.subject.jelD81en
dc.subject.ddc330en
dc.subject.keywordvalue of statistical life ; lifecycle behavior ; cost-benefit analysisen
dc.subject.stwLebenszyklusen
dc.subject.stwSterblichkeiten
dc.subject.stwKosten-Nutzen-Analyseen
dc.subject.stwRisikoaversionen
dc.subject.stwTheorieen
dc.titleRisk aversion and the value of risk to life-
dc.typeWorking Paperen
dc.identifier.ppn85688541Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
380.83 kB





Publikationen in EconStor sind urheberrechtlich geschützt.