The Heterogeneous Value of a Statistical Life: Evidence from U.S. Army Reenlistment Decisions
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We estimate the value of a statistical life (VSL), or the willingness to trade-off wealth and mortality risk, among 430,000 U.S. Army soldiers choosing whether to reenlist from 2002-2010. Using a discrete choice random utility approach and significant variation in retention bonuses and mortality
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美国国家经济研究局创建时间：
2021-08-01
