![]() Amsterdam: North Holland Publishing Company. “Life-Cycle Consumption and Willingness to Pay for Increased Survival,” in Jones-Lee, M. “The Effect of Information on Health Risk Valuation,” Journal of Risk and Uncertainty5, 29–48. “Discounting and Safety,” Oxford Economic Papers47, 501–512. “Paternalistic Altruism and the Value of Statistical Life,” Economic Journal102, 80–90. “Altruism and the Value of Other People's Safety,” Journal of Risk and Uncertainty4, 213–219. “Altruism and the Value of Statistical Life: Empirical Implications,” Journal of Health Economics13, 111–118. “Willingness to Pay for Health Protection: Inadequate Sensitivity To Probability,” Journal of Risk and Uncertainty18, 33–62. “Relative Risk Aversion,” Management Science28(8), 875–886. Amsterdam: North Holland Publishing Company.ĭyer, J. “When is a Man's Life Worth More Than His Human Capital?” In Jones-Lee, M. The paper also explores the implications of other forms of altruistic concern.īergstrom, T. ![]() In turn, it is shown that even if the developing country displays a corresponding degree of purely altruistic concern for the wellbeing of citizens of the developed country it will nonetheless value the safety externalities that it generates for the developed country at a substantial discount relative to its own “low” value of safety. Counter to moral intuition, the paper shows that a developed country that displays purely altruistic concern for the wellbeing of citizens of a developing country will not value the safety externalities that it generates for the developing country at the developed country's “high” value of safety, but will instead apply the developing country's own “low” value. ![]() ![]() How should a developed country quantify the costs and benefits of the safety externalities that its energy and environmental policies generate for a developing country and vice versa? This paper addresses this question within a conventional utilitarian welfare-economics framework on the assumption that citizens of the countries concerned are rational economic agents. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |