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Estimating the Value of a Statistical Life : The Importance of Omitted Variables and Publication Bias

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dc.creator Ashenfelter, Orley C.
dc.creator Greenstone, Michael
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:41Z
dc.date.available 2013-10-16T07:09:41Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20272
dc.identifier ppn:380020068
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20272
dc.description In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of monetary trade-offs regarding safety in other contexts.
dc.language eng
dc.relation IZA Discussion paper series 1037
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject R4
dc.subject I18
dc.subject J17
dc.subject H43
dc.subject C8
dc.subject ddc:330
dc.subject value of a statistical life
dc.subject publication bias
dc.subject omitted variables bias
dc.subject speed limits
dc.subject traffic safety
dc.subject Geschwindigkeitsbegrenzung
dc.subject Strassenverkehrsunfall
dc.subject Kosten-Nutzen-Analyse
dc.subject Sterblichkeit
dc.subject Statistischer Fehler
dc.subject Bias
dc.subject Schätzung
dc.subject Vereinigte Staaten
dc.title Estimating the Value of a Statistical Life : The Importance of Omitted Variables and Publication Bias
dc.type doc-type:workingPaper


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