How Much is a Life Worth? Examining the Risk-Wages Trade Off in Pakistan
Published By: SANDEE on eSS | Published Date: October, 01 , 2011Governments across the world use estimates of people’s willingness
to pay for a reduction in the probability of death and injury to develop
a wide range of environmental, industrial and developmental policies.
Economists call the trade-off that people are willing to make between
money and fatality risks the Value of a Statistical Life (VSL). This
brief reports estimates, for the first time,
the VSL for workers in Pakistan. [SANDEE policy brief]. URL:[http://www.sandeeonline.org/uploads/documents/abstract/959_ABS_PB_58_Md._Rafiq.pdf].
Author(s): South Asian Network for Development SANDEE | Posted on: May 21, 2012 | Views(685) | Download (121)