Working Papers, Swedish National Road & Transport Research Institute (VTI)
The Value of a Statistical Life
() and Nicolas Treich
Abstract: This paper on the value of a statistical life (VSL) has
been prepared for the Handbook in Transport Economics, edited by André de
Palma, Robin Lindsey, Emile Quinet and Roger Vickerman. The paper's first
objective is to survey some classical theoretical and empirical findings in
the VSL literature; but it also attempts to clarify some of these issues
often raised by the application of the WTP approach to study of mortality
Keywords: Mortality Risk; Transport; Value of a Statistical Life; Willingness to Pay; (follow links to similar papers)
JEL-Codes: D61; D81; I10; Q51; (follow links to similar papers)
36 pages, January 25, 2008
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Full text versions of the paper:
- This paper is published as:
Andersson, Henrik and Nicolas Treich, (2011), 'The Value of a Statistical Life' in de Palma, André, Robin Lindsey, Emile Quinet and Roger Vickerman (eds.) A Handbook of Transport Economics, chapter 17, pages 396-424, Edward Elgar.
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