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Handbook of the Economics of Risk and Uncertainty
book

Handbook of the Economics of Risk and Uncertainty

by Mark Machina, W. Kip Viscusi
November 2013
Beginner content levelBeginner
896 pages
35h 10m
English
North Holland
Content preview from Handbook of the Economics of Risk and Uncertainty
The Value of Individual and Societal Risks to Life and Health
423
Nevertheless, the EPA’s use of a senior discount generated substantial controversy.
Senior citizen groups waged protests against the “senior death discount.”
13
While one
can question the applicability of stated preference evidence from a different country to
the U.S., it is likely that any downward age adjustment would have created controversy,
however it was based. Notably, in labor market studies the age-VSL relationship eventu-
ally turns down but is relatively flat so that the VSL for those over the age of 60 remains
above the population average. Application of the age-adjusted ...
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Publisher Resources

ISBN: 9780444536853