Skill and the value of life

被引:35
作者
Shogren, JF [1 ]
Stamland, T [1 ]
机构
[1] Univ Wyoming, Laramie, WY 82071 USA
关键词
D O I
10.1086/341875
中图分类号
F [经济];
学科分类号
02 ;
摘要
The value of statistical life (VSL) can be inferred through real-world wage-fatality risk trade-offs made across different occupations. paper shows that the VSL based on the wage risk trade-off tends be biased upward if it does not account for the diversity of unobservable skill to cope privately with job risk. This upward arises because the highest required wage differential among the workers is divided by their average risk across the population.
引用
收藏
页码:1168 / 1173
页数:6
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