Construct · 1 fields · 1 citations

value of a statistical life: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Environmental economics

the money people are willing to trade for small changes in mortality risk, scaled to one expected death.

In environmental economics, value of a statistical life refers to the money people are willing to trade for small changes in mortality risk, scaled to one expected death. This meaning comes from Viscusi (2003) in Journal of Risk and Uncertainty.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how value of a statistical life sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

mortality4 fields · 5 citationsjingle · one word, four constructs risk6 fields · 13 citationsjingle · one name, six constructs uncertainty3 fields · 3 citationsjingle · one word, three constructs

References

Viscusi, W. K., & Aldy, J. E. (2003). The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World. Journal of Risk and Uncertainty, 27(1), 5-76. https://doi.org/10.1023/a:1025598106257

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct