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Author: W. Kip Viscusi Publisher: Now Publishers Inc ISBN: 1601984766 Category : Business & Economics Languages : en Pages : 89
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: W. Kip Viscusi Publisher: Now Publishers Inc ISBN: 1601984766 Category : Business & Economics Languages : en Pages : 89
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
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
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
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
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
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
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: W. Kip Viscusi Publisher: Oxford University Press, USA ISBN: 0195102932 Category : Decision-making Languages : en Pages : 321
Book Description
Examining issues related to the social regulation of risk, this volume contains essays on the value of life, empirical estimates of the value of life, the rationality of individual responses to risk, the effect of government risk regulation efforts, and the role of the courts and insurance.
Author: OECD Publisher: OECD Publishing ISBN: 9264130802 Category : Languages : en Pages : 143
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: W. Kip Viscusi
Author: W. Kip Viscusi
Author: Solomon W. Polachek
Author: Mark Machina
Author: M. Granger Morgan
Author: Malcolm Siegel
Author: Thomas J. Kniesner
Author: Scott Farrow
Author: Rune Elvik
Author: W. Kip Viscusi
Author: OECD