Labor market estimates of the senior discount for the value of statistical life

This article develops the first measures of age–industry job risks to examine the age variations in the value of statistical life. Because of the greater risk vulnerability of older workers, they face flatter wage-risk gradients than younger workers, which we show to be the case empirically. Accounting for this heterogeneity in hedonic market equilibria leads to estimates of the value of statistical life–age relationship that follows an inverted U shape. The estimates of the value of statistical life range from $6.4 million for younger workers to a peak of $9.0 million for those aged 35–44, and then a decline to $3.8 million for those aged 55–62. The decline of the estimated value of statistical life with age is consistent with there being some senior discount in the Clear Skies Initiative analysis.     

Improved source,improved quality? Demand for drinking water quality in rural India

This paper tests the hypothesis that the expansion of improved drinking water supplies in rural India reduced household expenditure on water quality, offsetting some of the quality benefits from source protection. I estimate demand for in-home treatment using geological characteristics to predict a household's drinking water source. The probability of treatment and in particular boiling reduces by 18–27 percentage points in response to source protection, offsetting 4% of the water quality gains and saving households 0.5–1% in monthly expenditure. Behavioral choices partly counteract the water quality gains from source protection.     

Improved source,improved quality? Demand for drinking water quality in rural India

This paper tests the hypothesis that the expansion of improved drinking water supplies in rural India reduced household expenditure on water quality, offsetting some of the quality benefits from source protection. I estimate demand for in-home treatment using geological characteristics to predict a household's drinking water source. The probability of treatment and in particular boiling reduces by 18–27 percentage points in response to source protection, offsetting 4% of the water quality gains and saving households 0.5–1% in monthly expenditure. Behavioral choices partly counteract the water quality gains from source protection.     

基于工资风险法的生命价值评估

为评估安全工作因挽救人的生命而产生的收益和制定工亡赔偿标准提供理论依据,在分析工资风险法评估生命价值经济学原理的基础上,构建生命价值评估模型。设计调查问卷对98家企业的795名员工进行调查,评估被调查员工的生命价值,并利用调查数据验证模型的有效性。评估结果表明:员工的生命价值评估值呈正态分布;在95%的置信水平下,生命价值评估值的置信区间为[3 424.62,4 284.33]万元,平均值为3 854.48万元。     

FLOOD PROTECTION BENEFITS AS REFLECTED IN PROPERTY VALUE CHANGES1

ABSTRACT: Measuring flood control benefits from estimated property damage in prior floods omits losses in the form of depressed values of land put to less valuable uses because of annual flooding. Covariance analysis of real property values in three urban areas differently situated around Lake Cumberland, Kentucky shows a much larger rate of increase, over a 15-year period, for the area receiving flood protection. This suggests that the economic benefits from a flood protection facility include these additional property value increases as well as the prevented property damage.