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Cigarette Smokers as Job Risk Takers

dc.contributor.authorHersch, Joni, 1956-
dc.contributor.authorViscusi, W. Kip
dc.date.accessioned2014-04-10T20:59:05Z
dc.date.available2014-04-10T20:59:05Z
dc.date.issued2001
dc.identifier.citation80 Rev. Econ. Stat. (269) (2001)en_US
dc.identifier.urihttp://hdl.handle.net/1803/6284
dc.description.abstractUsing a large data set, the authors find that smokers select riskier jobs, but receive lower total wage compensation for risk than do nonsmokers. This finding is inconsistent with conventional models of compensating differentials. The authors develop a model in which worker risk preferences and job safety performance lead to smokers facing a flatter market offer curve than nonsmokers. The empirical results support the theoretical model. Smokers are injured more often controlling for their job's objective risk and are paid less for these risks of injury. Smokers and nonsmokers, in effect, are segmented labor market groups with different preferences and different market offer curves.en_US
dc.format.extent1 PDF (13 pages)en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.publisherThe Review of Economics and Statisticsen_US
dc.subject.lcshIndustrial safety -- United Statesen_US
dc.subject.lcshSmoking in the workplace -- United Statesen_US
dc.subject.lcshSmoking -- Psychological aspectsen_US
dc.titleCigarette Smokers as Job Risk Takersen_US
dc.typeArticleen_US
dc.identifier.ssrn-urihttp://ssrn.com/abstract=239962


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