haku: @indexterm Estimation / yhteensä: 433
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| Tekijä: | Kenkel, D. |
| Otsikko: | Using estimates of the value of a statistical life in evaluating consumer policy regulations |
| Lehti: | Journal of Consumer Policy
2003 : MAR, VOL. 26:1, p. 1-21 |
| Asiasana: | Consumers Risk Estimation Regulations USA |
| Kieli: | eng |
| Tiivistelmä: | The paper is a critical review of current practice for the economic evaluation of the life-saving benefits of U.S. consumer policy. Selected evaluations are briefly reviewed. The standard approach to placing a dollar value on the life-saving benefits of regulations is based on societal willingness to pay for mortality risk reductions, conveniently summarized as the value of a statistical life. The paper proposes a common-sense rule for improving current practice. |
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