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Measuring the Value of a Statistical Life: Problems and Prospects

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NBER2006-01-01 更新2025-01-04 收录
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Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this concept

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2006-01-01
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