Browsing Vanderbilt Law School Faculty Works by Subject "Industrial safety"

Now showing items 1-3 of 3

    • The Heterogeneity of the Value of Statistical Life: Introduction and Overview 
      Viscusi, W. Kip (Journal of Risk and Uncertaintyhttp://www.springer.com/economics/economic+theory/journal/11166, 2010)
      The refinement in worker fatality risk data used in hedonic wage studies and evidence from new stated preference studies have facilitated the exploration of the heterogeneity of the value of statistical life (VSL). Although ...
    • Utility Functions that Depend on Health Status: Estimates and Economic Implications 
      Viscusi, W. Kip; Evans, William N. (The American Economic Review, 1990)
      Taylor's series and logarithmic estimates of health state-dependent utility functions both imply that job injuries reduce one's utility and marginal utility of income, thus rejecting the monetary loss equivalent formulation. ...
    • Worker Learning and Compensating Differentials 
      Viscusi, W. Kip; Moore, Michael J., 1953- (Industrial and Labor Relations Review, 1991)
      In the standard compensating wage differential model, workers value their wage and workers' compensation components based on full job risk information. Market forces generate positive wage differentials as ex ante compensation ...