Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/67207 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 6994
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Due to Federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use these discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the implied distribution of the Value of a Statistical Life (VSL) across consumers. While imprecise, our preferred point estimates indicate that the median VSL is between $7 million and $13 million, but that a sizable portion of consumers placed negative values on air bags, probably due to distrust of the technology.
Schlagwörter: 
value of statistical life
VSL
airbags
regression discontinuity design
quasi-experiment
JEL: 
J17
R41
I18
K32
L62
D12
D61
H40
Dokumentart: 
Working Paper

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