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The Role of Publication Selection Bias in Estimates of the Value of a Statistical Life

dc.contributor.authorViscusi, W. Kip
dc.date.accessioned2016-04-26T19:40:51Z
dc.date.available2016-04-26T19:40:51Z
dc.date.issued2015
dc.identifier.citation1 American Journal of Health Economics 27 (2015)en_US
dc.identifier.urihttp://hdl.handle.net/1803/7547
dc.descriptionarticle published in economics journalen_US
dc.description.abstractMeta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias often yield bias-corrected estimates of VSL that are substantially below the mean VSL estimates. Labor market studies using the more recent Census of Fatal Occupational Injuries (CFOI) data are subject to less measurement error and also yield higher bias-corrected estimates than do studies based on earlier fatality rate measures. These results are borne out by the findings for a large sample of all VSL estimates based on labor market studies using CFOI data and for four meta-analysis data sets consisting of the authors’ best estimates of VSL. The confidence intervals of the publication bias-corrected estimates of VSL based on the CFOI data include the values that are currently used by government agencies, which are in line with the most precisely estimated values in the literature.en_US
dc.format.extent1 PDF (27 pages)en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.publisherAmerican Journal of Health Economicsen_US
dc.subject.lcshLabor market -- United States -- Statistical methodsen_US
dc.subject.lcshMeta-analysis -- United States -- Econometric modelsen_US
dc.subject.lcshMortality -- Risk assessment -- United States -- Econometric models.en_US
dc.titleThe Role of Publication Selection Bias in Estimates of the Value of a Statistical Lifeen_US
dc.typeArticleen_US
dc.identifier.ssrn-urihttp://ssrn.com/abstract=2520170


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