Compensating Differentials for Occupational Health and Safety Risks

Compensating Differentials for Occupational Health and Safety Risks PDF Author: Thomas J. Kniesner
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
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.

Compensating Differentials for Occupational Health and Safety Risks

Compensating Differentials for Occupational Health and Safety Risks PDF Author: Thomas J. Kniesner
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
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.

The Economics of Occupational Safety and Health

The Economics of Occupational Safety and Health PDF Author: John Ruser
Publisher: Now Publishers Inc
ISBN: 1601983824
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
The Economics of Occupational Safety and Health examines occupational risks that influence the safety decisions of a firm.

Occupational Hazard and Wage Compensating Differentials

Occupational Hazard and Wage Compensating Differentials PDF Author: Jean Michel Cousineau
Publisher: Montréal : Dép. de science économique, Université de Montréal
ISBN: 9782893820323
Category :
Languages : en
Pages : 13

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Book Description


Compensating Wage Differentials and Hazardous Work

Compensating Wage Differentials and Hazardous Work PDF Author: Robert Stewart Smith
Publisher:
ISBN:
Category : Industrial safety
Languages : en
Pages : 84

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Book Description


Risk by Choice

Risk by Choice PDF Author: W. Kip Viscusi
Publisher: Harvard University Press
ISBN: 9780674773028
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
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.

Compensating Wage Differentials, Occupational Health and Safety, and the Value of Human Life

Compensating Wage Differentials, Occupational Health and Safety, and the Value of Human Life PDF Author: Peter James Dorman
Publisher:
ISBN:
Category : Industrial hygiene
Languages : en
Pages : 402

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Book Description


Compensation Mechanisms for Job Risks

Compensation Mechanisms for Job Risks PDF Author: Michael J. Moore
Publisher: Princeton University Press
ISBN: 1400860857
Category : Political Science
Languages : en
Pages : 208

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Book Description
In this major new work, Michael J. Moore and W. Kip Viscusi explore the question, "How are workers compensated for exposing themselves to the risk of physical injury while on the job?" The authors detail the diverse nature of labor market responses to job risks and the important role played by compensation-for-risk mechanisms. Following an overview of the literature, they present a number of unprecedented results. Comprehensive and systematic discussions of issues such as wage-risk tradeoffs, the effects of workers' compensation on wages and risk, the role of unions, and the role of product liability suits in job-related injuries make the volume an essential work for all those interested in risk policy and workplace safety. Among the major results presented for the first time are the first estimates of the value of life derived from recently released occupational fatality risk data from the National Traumatic Occupational Fatality Survey. From these same data the authors also demonstrate that higher workers' compensation benefit levels significantly reduce fatalities on the job--a finding that challenges virtually every other treatment of this topic. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

On Compensating Wage Differentials for Occupational Hazards

On Compensating Wage Differentials for Occupational Hazards PDF Author: Clive D. Fraser
Publisher:
ISBN:
Category : Hazardous occupations
Languages : en
Pages : 42

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Book Description


Workplace Health and Safety

Workplace Health and Safety PDF Author: Sandra Denis
Publisher:
ISBN:
Category : Industrial hygiene
Languages : en
Pages : 62

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Book Description


Workplace Injuries and Diseases

Workplace Injuries and Diseases PDF Author: Karen Roberts
Publisher: W.E. Upjohn Institute
ISBN: 0880993243
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
The chapters in this volume were originally presented at a conference to honor Terry Thomason,held at the University of Rhode Island in March, 2004. It is about workplace safety and health and issues related to prevention and compensation for occupational injuries and illnesses, a topicto which Terry devoted much of his research life. The volume is intended to serve as a detailedintroduction to the workers' compensation novice but also provide insights to those more familiarwith the area.