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Policy Challenges of the Heterogeneity of the Value of Statistical Life
(Foundations and Trends in Microeconomics, 2010)
Economic research has developed estimates of the heterogeneity of the value of statistical life (VSL) on dimensions such as individual age, income, immigrant status, and the nature of the risk exposure. This paper examines ...
Hedonic Damages for Wrongful Death: Are Tortfeasors Getting Away with Murder?
(Georgetown Law Journal, 1990)
This note argues that to deter negligent behavior adequately, tortfeasors should be held liable for what may be the most substantial cost they impose on accident victims-"hedonic damages," or the loss of the value of life ...
The Value of Life in Legal Contexts: Survey and Critique
(American Law and Economics Review, 2000)