A substantial literature over the past thirty years has evaluated tradeoffs between money and
fatality risks. These values in turn serve as estimates of the value of a statistical life. This …

Cost-benefit analysis (CBA) provides a clear decision rule: undertake an intervention if the
monetary value of its benefits exceed its costs. However, due to a reluctance to characterize …

Estimated values of statistical life exist from 68 reasonably credible studies spread across 13
countries. The income-elasticity of values across countries ranges from 0.85 to 1.00 in …

We conduct, to our knowledge, the first global meta‐analysis (MA) of stated preference (SP)
surveys of mortality risk valuation. The surveys ask adults their willingness to pay (WTP) for …

Costs of accidents make up an important part of the total external cost of traffic. A substantial
proportion of accident costs is related to fatal accidents. In the evaluation of fatal accident …

Efficient investments in health protection require valid estimates of the public's willingness to
forgo consumption for diminished probabilities of death, injury, and disease. Stated …

This article reports the results of a study aimed at estimating a willingness-to-pay based
value of statistical life for road risks using a multi-stage approach which involves" chaining …

Human life depends on the environment: on clean air and water, soil and the wide diversity
of plants and animals that provide food, fibre and much else besides. For this reason …

An empirical Bayes pooling method is used to combine and compare estimates of the value
of a statistical life (VSL). The data come from 40 selected studies published between 1974 …

Background: A reproducible observation is that consumers' willingness‐to‐accept (WTA)
monetary compensation to forgo a program is greater than their stated willingness‐to‐pay …