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"In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of monetary trade-offs regarding safety in other contexts"--National Bureau of Economic Research web site.
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Estimating the value of a statistical life: the importance of omitted variables and publication bias
2004, National Bureau of Economic Research
in English
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Estimating the value of a statistical life: the importance of omitted variables and publication bias
2004, National Bureau of Economic Research
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in English
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Book Details
Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/13/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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