Policy Challenges of the Heterogeneity of the Value of Statistical Life PDF Download

Author: W. Kip Viscusi
Publisher: Now Publishers Inc
ISBN: 1601984766
Category : Business & Economics
Languages : en
Pages : 89

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Book Description
Policy Challenges of the Heterogeneity of the Value of Statistical Life focuses on the variation in VSL both across different studies in the academic literature and in different policy contexts. These differences often reflect quite legitimate heterogeneity in the valuation of risk. This review of the academic literature is coupled with an examination of the policy arena's use of the VSL methodology. Government agencies adopted the VSL approach to valuing risk regulations almost three decades ago. As government agencies continue to refine their benefit assessment procedure, the potential role of heterogeneity of VSL has moved to the forefront of these debates. Sections II through IV review various analytical underpinnings of the VSL methodology, particularly focusing on labor market estimates. Subsequent sections consider different sources of heterogeneity, how these sources should influence benefit assessments, and how they have been used in actual policy contexts.

Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 1804551252
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
This 50th Celebratory Research in Labor Economics volume contains ten original and innovative articles each written by stellar senior scholars in labor economics addressing aspects of worker well-being.

Author: Mark Machina
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897

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Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. - Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance - Divides coverage between theoretical, empirical, and experimental findings - Makes the economics of risk and uncertainty accessible to scholars in fields outside economics

Author: M. Granger Morgan
Publisher: Cambridge University Press
ISBN: 1107184894
Category : Business & Economics
Languages : en
Pages : 607

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Book Description
Practitioners of policy analysis will better understand the tools of their trade, and the broader contexts in which analysis contributes.

Author: Malcolm Siegel
Publisher: Springer Nature
ISBN: 3030538931
Category : Social Science
Languages : en
Pages : 932

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Book Description
This edited volume provides a framework for integrating methods and information drawn from geological and medical sciences and provides case studies in medical geology to illustrate the usefulness of this framework for crafting environmental and public health policies related to natural materials. The relevance of medical geology research to policy decisions is a topic rarely discussed, and this volume attempts to be a unique source for researchers and policy makers in the field of medical geology in addressing this gap in practical medical geology applications. The book's four sections establish this framework in detail using risk assessment, case studies, data analyses and specific medical geology techniques. Following an introduction to medical geology in the context of risk assessment and risk management, the second section discusses specific methods used in medical geology in the categories of geoscience, biomedicine, and data sources. The third section discusses the medical geology of natural materials, energy use, and environmental and workplace impacts. This section includes specific case studies in medical geology, and describes how the methods and data from the previous section are used in a medical geology analysis. The fourth section includes a guide to the medical geology literature and provides some examples of medical geology programs in Asia and Africa.

Author: Scott Farrow
Publisher: Edward Elgar Publishing
ISBN: 1782549064
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
'This book is a superb textbook treatment of benefit–cost analysis. It is well designed for students in public policy, public administration, public health, social work, environmental affairs, law and business.' – John D. Graham, Indiana University, US 'Principles and Standards for Benefit–Cost Analysis is well worth reading. The volume reproduces some chapters previously published online in the Journal of Benefit–Cost Analysis alongside new material that has not yet appeared in print, and does so in a logical and appealing way. Even the several chapters with which I disagreed made me think hard about my own views. And thinking hard is a good thing!' – Paul R. Portney, University of Arizona, US Benefit–cost analysis informs which policies or programs most benefit society when implemented by governments and institutions around the world. This volume brings together leading researchers and practitioners to recommend strategies and standards to improve the consistency and credibility of such analyses, assisting analysts of all types in achieving a greater uniformity of practice. Although new analytical approaches are constantly being used and tested, this book supports the emergence of a professional culture adhering to a set of principles and standards that can be used to identify useful analytical processes and to discard less useful ones. Contributors to this volume come from a wide variety of backgrounds and include authors of leading textbooks, editors of journals, former government officials, and practitioners whose analyses have shaped decisions about education, the environment, security, income distribution, and other vital social and economic policies. Students and professors of public sector economics will find much of interest in this groundbreaking book. Practitioners working in government, non-profit organizations, and international institutions, including welfare economists, policy analysts, environmentalists, engineers, and others will also benefit from this volume's sophisticated and practical recommendations.

Author: Rune Elvik
Publisher: Cambridge Scholars Publishing
ISBN: 1527512975
Category : Philosophy
Languages : en
Pages : 363

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Book Description
Research on the monetary value of saving life and limb has produced results most laypeople would regard as nonsensical; however, researchers continue to try to make sense of these bewildering results and produce new studies. An almost forgotten theory of science can explain why this is so. Studies designed to obtain monetary valuations of life and limb have produced extremely diverse results. There is no consensus among researchers working in the field about the best research methods or the most credible results of research. However, this field of study continues to thrive. The methodology of scientific research programmes, a theory of science developed by the late philosopher Imre Lakatos, can help explain why a particular field of study continues to exist, despite not producing meaningful or easily interpreted results. Readers of the book will gain insight into internal norms of science that guide researchers to continue to pursue studies even if the findings, taken at face value, contradict the theoretical foundations of the research. Scientific theories can be upheld even when the evidence against them seems to be massive.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264130802
Category :
Languages : en
Pages : 143

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Book Description
The book presents a major meta-analysis of 'value of a statistical life' (VSL) estimates derived from surveys where people around the world have been asked about their willingness to pay for small reduction in mortality risks.

Author: Bjørn Lomborg
Publisher: Cambridge University Press
ISBN: 1107292433
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
There are often blanket claims that the world is facing more problems than ever but there is a lack of empirical data to show where things have deteriorated or in fact improved. In this book, some of the world's leading economists discuss ten problems that have blighted human development, ranging from malnutrition, education, and climate change, to trade barriers and armed conflicts. Costs of the problems are quantified in percent of GDP, giving readers a unique opportunity to understand the development of each problem over the past century and the likely development into the middle of this century, and to compare the size of the challenges. For example: how bad was air pollution in 1900? How has it deteriorated and what about the future? Did climate change cost more than malnutrition in 2010? This pioneering initiative to provide answers to many of these questions will undoubtedly spark debate amongst a wide readership.

Author:
Publisher: ScholarlyEditions
ISBN: 1464966958
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
Issues in Insurance and Risk Management / 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Insurance and Risk Management. The editors have built Issues in Insurance and Risk Management: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Insurance and Risk Management in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Insurance and Risk Management: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.