What determines the value of life? a meta-analysis
By: MROZEK, Janusz R
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Contributor(s): TAYLOR, Laura O.
Material type: 
ArticlePublisher: 2002Journal of Policy Analysis and Management 21, 2, p. 253-270Abstract: A large literature has developed in which labor market contracts are used to estimate the value of a statistical life (VSL). Reported estimates of the VSL vary substantitally, from less than $100,000 to more than $25 million. This research uses meta-analysis to quantitatively assess the VSL range of approximately $1,5 million to $2,5 million (in 1998 dollars) is what can be reasonably inferred from past labor-market studies when "best practice" assumptions are invoked. This range is considerably below many previous qualitative reviews of this literature
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
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| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
A large literature has developed in which labor market contracts are used to estimate the value of a statistical life (VSL). Reported estimates of the VSL vary substantitally, from less than $100,000 to more than $25 million. This research uses meta-analysis to quantitatively assess the VSL range of approximately $1,5 million to $2,5 million (in 1998 dollars) is what can be reasonably inferred from past labor-market studies when "best practice" assumptions are invoked. This range is considerably below many previous qualitative reviews of this literature
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