Behavioral economics and the value of a statistical life
There are many possible connections between the value of statistical life (VSL) and behavioral economics. A list of topics includes endowment effects, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision utilities. There are also nudges...
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| Format: | Article |
| Language: | English |
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Springer New York LLC
2019
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| Online Access: | View Fulltext in Publisher |