publication bias

Abstract

In this paper we show that omitted variables and publication bias lead to severely biased
estimates of the value of a statistical life. Although our empirical results are obtained in
the context of a study of choices about road safety, we suspect that the same issues
plague the estimation of monetary trade-offs regarding safety in other contexts.

Year of Publication
2004
Number
479
Date Published
01/2004
Publication Language
eng
Citation Key
8102
Ashenfelter, O., & Greenstone, M. (2004). Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias. Retrieved from http://arks.princeton.edu/ark:/88435/dsp018336h1898 (Original work published January 2004)
Working Papers