Compensating Wage Differentials Occupational Health And Safety And The Value Of Human Life
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Author |
: Peter James Dorman |
Publisher |
: |
Total Pages |
: 402 |
Release |
: 1987 |
ISBN-10 |
: OCLC:715156326 |
ISBN-13 |
: |
Rating |
: 4/5 (26 Downloads) |
Synopsis Compensating Wage Differentials, Occupational Health and Safety, and the Value of Human Life by : Peter James Dorman
Author |
: Peter Dorman |
Publisher |
: Cambridge University Press |
Total Pages |
: 290 |
Release |
: 1996-02-23 |
ISBN-10 |
: 9780521553063 |
ISBN-13 |
: 0521553067 |
Rating |
: 4/5 (63 Downloads) |
Synopsis Markets and Mortality by : Peter Dorman
In this book the author examines and ultimately rejects the conventional economic view that workers who have more dangerous jobs accept their risks voluntarily and are compensated through higher wages. In doing so, he attacks widely used techniques for assigning a monetary value to human life for cost-benefit analysis and other purposes. Arguments are drawn from the history of occupational safety and health, econometric analysis of wage and risk data, and formal models of the labour market. In place of the conventional view, Peter Dorman proposes a view based on new work in decision theory (thick rationality) and the theory of repeated games. These insights are combined with comparative policy analysis to support an approach to risk that promotes both regulatory effectiveness and democratic values. Despite its technical content, the book is written in highly accessible style, and is concerned with matters of general interest in the development of critical social science.
Author |
: Thomas J. Kniesner |
Publisher |
: |
Total Pages |
: |
Release |
: 2022 |
ISBN-10 |
: OCLC:1312013535 |
ISBN-13 |
: |
Rating |
: 4/5 (35 Downloads) |
Synopsis Compensating Differentials for Occupational Health and Safety Risks by : Thomas J. Kniesner
The most enduring measure of how individuals make personal decisions affecting their health and safety is the compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in turn reveal the value of a statistical life (VSL), the value of a statistical injury (VSI), and the value of a statistical life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates play important roles in policy decisions concerning improving individual welfare. Specifically, we explicate the recent empirical research on VSL and its related concepts and link the empirical results to the on-going examinations of many government policies intended to improve individuals' health and longevity. We pay special attention to recent issues such as the COVID pandemic and newly emerging foci on distributional consequences concerning which demographic groups may benefit most from certain regulations.
Author |
: Robert Stewart Smith |
Publisher |
: |
Total Pages |
: 84 |
Release |
: 1973 |
ISBN-10 |
: CORNELL:31924001335870 |
ISBN-13 |
: |
Rating |
: 4/5 (70 Downloads) |
Synopsis Compensating Wage Differentials and Hazardous Work by : Robert Stewart Smith
Author |
: W. Kip Viscusi |
Publisher |
: Harvard University Press |
Total Pages |
: 232 |
Release |
: 1983 |
ISBN-10 |
: 0674773020 |
ISBN-13 |
: 9780674773028 |
Rating |
: 4/5 (20 Downloads) |
Synopsis Risk by Choice by : W. Kip Viscusi
Commentary on labour legislation concerning occupational safety and occupational health in the USA - reviews the work of the Occupational Safety and Health Administration in standard setting; examines the value of human life in terms of hazard elimination costs; argues thet disclosure of information, more effective than labour policy in improving employees attitude and trade union attitude towards arduous working conditions. References, statistical tables.
Author |
: Jean Michel Cousineau |
Publisher |
: Montréal : Dép. de science économique, Université de Montréal |
Total Pages |
: 13 |
Release |
: 1988 |
ISBN-10 |
: 2893820328 |
ISBN-13 |
: 9782893820323 |
Rating |
: 4/5 (28 Downloads) |
Synopsis Occupational Hazard and Wage Compensating Differentials by : Jean Michel Cousineau
Author |
: K. Møller Pedersen |
Publisher |
: |
Total Pages |
: 41 |
Release |
: 1983 |
ISBN-10 |
: OCLC:873459265 |
ISBN-13 |
: |
Rating |
: 4/5 (65 Downloads) |
Synopsis Compensating Wage Differentials: A Measure of Willingness to Pay? by : K. Møller Pedersen
The present work stems from a project on cost-benefit analysis of various proposals on industrial safety and health undertaken within the framework provided by the work environment act. In section i a short discussion of health and industrial safety in a Danish context will be given. This is followed by a discussion of the hedonic wage eqation that provides the theoretical rationale for the ensuing empirical work. Model spicification and data base is discussed, followed by the results. Some illustrative calculations of valuation of life and limb is presented.
Author |
: José Guardado |
Publisher |
: |
Total Pages |
: 0 |
Release |
: 2019 |
ISBN-10 |
: OCLC:1375522579 |
ISBN-13 |
: |
Rating |
: 4/5 (79 Downloads) |
Synopsis Worker Investments in Safety, Workplace Accidents, and Compensating Wage Differentials by : José Guardado
The theory of compensating wage differentials (CWDs) assumes that firms supply and workers demand workplace safety, predicting a positive relationship between accident risk and wages. This article allows for safety provision by workers, which predicts a countervailing negative relationship between individual risk and wages: Firms pay higher wages for higher safety-related productivity. Using National Longitudinal Survey of Youth panel data and data on fatal and nonfatal accidents, our precise CWDs imply a value of a statistical injury of $45.4 thousand and a value of a statistical life of $6.3 million. In line with our model, individual risk and wages are negatively correlated.
Author |
: Clive D. Fraser |
Publisher |
: |
Total Pages |
: 42 |
Release |
: 1980 |
ISBN-10 |
: CORNELL:31924003602715 |
ISBN-13 |
: |
Rating |
: 4/5 (15 Downloads) |
Synopsis On Compensating Wage Differentials for Occupational Hazards by : Clive D. Fraser
Author |
: Solomon W. Polachek |
Publisher |
: Cambridge University Press |
Total Pages |
: 386 |
Release |
: 1993-01-28 |
ISBN-10 |
: 9780521364768 |
ISBN-13 |
: 0521364760 |
Rating |
: 4/5 (68 Downloads) |
Synopsis The Economics of Earnings by : Solomon W. Polachek
The Economics of Earnings analyses the wages that people earn, the jobs they do, and the labour market laws and rules within which they operate. Moving away from the conventional emphasis on point-in-time one-period decisions, it stresses informed worker choice over the life-cycle - the human capital approach. Within this framework, the book synthesises research results so as to point the way to better labour market policies. Government policy is often directed towards labour market issues such as education subsidies, training programmes, health and safety laws, and employment protection laws. By using models based on informed worker choice - the supply side - this book will assist concerned individuals in government, industry and academic study to evaluate and improve labour market policies and practices.