Age Differences in the Value of Statistical Life: Revealed Preference Evidence

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Valuing Mortality Risk Reductions: Progress and Challenges (2011, background): “Aldy and Viscusi (2008) examine the effect of age on VSL using occupational risk data that vary by worker age and a minimum-distance estimator that controls for cohort effects (younger workers were born later and have greater lifetime income).”
The Income Elasticity of the Value per Statistical Life: Transferring Estimates between High and Low Income Populations (2011, background): “More recent work introduces additional factors that influence the relationship between the VSL and age (e.g., Hammitt 2007, Aldy and Viscusi 2007, and Krupnick 2007).”
The value of a statistical life (2009, unknown): “Some theoretical as well as some numerical results have suggested that there should be an inverted-U relationship between VSL and age (Aldy and Viscusi, 2007).”
Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China (2020, unknown): “Our estimates on the lower bound of WTP for improvements in air quality and (23)According to Aldy and Viscusi (2007), V SLY = (V LS ∗ 0.”