Viscusi, W. Kip.

Fatal Tradeoffs : Public and Private Responsibilities for Risk. - 1 online resource (321 pages)

Intro -- Contents -- 1. The Fundamental Role of Risk Tradeoffs -- Part I: Risk Valuation: Concepts and Estimates -- 2. Stategic and Ethical Issues in the Valuation of Life -- 3. Evidence on the Value of Life: Case Studies from the Labor Market -- 4. A Survey of Values of Risks to Life and Health -- 5. Social Insurance for Work and Product Injuries -- Part II: Rationality and Individual Responses to Risk -- 6. Rational Models of Biases in Risk Perception -- 7. Behavioral Anomalies and Paradoxes in Choices under Uncertainty -- 8. Sources of Inconsistency in Societal Responses to Health Risks -- Part III: Risk Regulation -- 9. Risk within Reason -- 10. Cotton Dust Regulation: An OSHA Success Story? -- 11. The Impact of Occupational Safety and Health Regulation, 1972-1975 -- 12. The Impact of Occupational Safety and Health Regulation, 1973-1983 -- 13. Consumer Behavior and the Safety Effects of Consumer Product Safety Regulation -- 14. The Mis-Specified Agenda: The 1980s Reforms of Health, Safety, and Environmental Regulation -- References -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Z.

Ideally, it would be desirable if we could all adopt a high-minded commitment to a risk-free existence. Unfortunately, such an objective is beyond our reach--politicians who advocate higher taxes rarely get elected and economists who indicate that our resources are limited are often portrayedas purveyors of pessimism. Fatal Tradeoffs culminates and synthesizes the research of the government's expert on the value of life and risk regulation. This volume presents Viscusi's work in the social regulation of risk, this volume covers topics relating to the value and empirical estimates oflife, the rationality of individual responses to risk, and the role of government policy. In addition to a careful selection of his writings, Fatal Tradeoffs includes a new survey of the value-of-life literature, a review of the 1980s regulatory reforms, and guidelines for risk policy. Balanced withcase studies, the more technical articles have been opened to include policy ramifications, making the text accessible to professionals and academics alike.

9780198023692


Decision making.
Life -- Economic aspects.
Risk.
Safety regulations -- Economic aspects.


Electronic books.

HB615 -- .V57 1992eb

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