@article{38f50449f9dd47e48e7bf6acfcabed42,
title = "VSL reconsidered: What do labor supply estimates reveal about risk preferences?",
abstract = "We propose and illustrate a theoretically consistent framework for linking estimates of the value of a statistical life (VSL) to individual preferences. Our example suggests a method for using estimates of the labor supply elasticity to impute a VSL estimate.",
keywords = "Labor supply, Preference calibration, Value of statistical life",
author = "Smith, {V. Kerry} and Pattanayak, {Subhrendu K.} and {Van Houtven}, {George L.}",
note = "Funding Information: The authors would like to acknowledge Health Canada, the US Environmental Protection Agency, and project officers Bryan Hubbell, Chris Dockins, Paul De Civita and Alan Diener for partial support for this research. The views reported here do not, however, reflect the opinions of either agency or individuals. Thanks are also due to an anonymous referee for helpful comments on an earlier draft.",
year = "2003",
month = aug,
day = "1",
doi = "10.1016/S0165-1765(03)00081-8",
language = "English (US)",
volume = "80",
pages = "147--153",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "2",
}