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Compensating Wage Differentials Occupational Health And Safety And The Value Of Human Life
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Book Synopsis Compensating Wage Differentials, Occupational Health and Safety, and the Value of Human Life by : Peter James Dorman
Download or read book Compensating Wage Differentials, Occupational Health and Safety, and the Value of Human Life written by Peter James Dorman and published by . This book was released on 1987 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Markets and Mortality by : Peter Dorman
Download or read book Markets and Mortality written by Peter Dorman and published by Cambridge University Press. This book was released on 1996-02-23 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Compensating Differentials for Occupational Health and Safety Risks by : Thomas J. Kniesner
Download or read book Compensating Differentials for Occupational Health and Safety Risks written by Thomas J. Kniesner and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Compensating Wage Differentials and Hazardous Work by : Robert Stewart Smith
Download or read book Compensating Wage Differentials and Hazardous Work written by Robert Stewart Smith and published by . This book was released on 1973 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk by Choice written by W. Kip Viscusi and published by Harvard University Press. This book was released on 1983 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 ISBN 13 :9782893820323 Total Pages :13 pages Book Rating :4.8/5 (23 download)
Book Synopsis Occupational Hazard and Wage Compensating Differentials by : Jean Michel Cousineau
Download or read book Occupational Hazard and Wage Compensating Differentials written by Jean Michel Cousineau and published by Montréal : Dép. de science économique, Université de Montréal. This book was released on 1988 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Compensating Wage Differentials: A Measure of Willingness to Pay? by : K. Møller Pedersen
Download or read book Compensating Wage Differentials: A Measure of Willingness to Pay? written by K. Møller Pedersen and published by . This book was released on 1983 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Valuing Mortality Reductions in India by : Nathalie B. Simon
Download or read book Valuing Mortality Reductions in India written by Nathalie B. Simon and published by . This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Worker Investments in Safety, Workplace Accidents, and Compensating Wage Differentials by : José Guardado
Download or read book Worker Investments in Safety, Workplace Accidents, and Compensating Wage Differentials written by José Guardado and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis On Compensating Wage Differentials for Occupational Hazards by : Clive D. Fraser
Download or read book On Compensating Wage Differentials for Occupational Hazards written by Clive D. Fraser and published by . This book was released on 1980 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Earnings by : Solomon W. Polachek
Download or read book The Economics of Earnings written by Solomon W. Polachek and published by Cambridge University Press. This book was released on 1993-01-28 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Book Synopsis On Compensating Wage Differentials and Willingness-to-pay Measures of the Value of a Statistical Life by : Ian M. Dobbs
Download or read book On Compensating Wage Differentials and Willingness-to-pay Measures of the Value of a Statistical Life written by Ian M. Dobbs and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Compensating Wage Differentials for Workplace Risk and Background Risk by : Feng Liu
Download or read book Compensating Wage Differentials for Workplace Risk and Background Risk written by Feng Liu and published by . This book was released on 2003 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Costs of Occupational Injuries and Illnesses by : J. Paul Leigh
Download or read book Costs of Occupational Injuries and Illnesses written by J. Paul Leigh and published by University of Michigan Press. This book was released on 2000 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the debate over health care reform continues, costs have become a critical measure in the many plans and proposals to come before us. Knowing costs is important because it allows comparisons across such disparate health conditions as AIDS, Alzheimer's disease, heart disease, and cancer. This book presents the results of a major study estimating the large and largely overlooked costs of occupational injury and illness--costs as large as those for cancer and over four times the costs of AIDS. The incidence and mortality of occupational injury and illness were assessed by reviewing data from national surveys and applied an attributable-risk-proportion method. Costs were assessed using the human capital method that decomposes costs into direct categories such as medical costs and insurance administration expenses, as well as indirect categories such as lost earnings and lost fringe benefits. The total is estimated to be $155 billion and is likely to be low as it does not include costs associated with pain and suffering or of home care provided by family members. Invaluable as an aid in the analysis of policy issues, Costs of Occupational Injuryand Illness will serve as a resource and reference for economists, policy analysts, public health researchers, insurance administrators, labor unions and labor lawyers, benefits managers, and environmental scientists, among others. J. Paul Leigh is Professor in the School of Medicine, Department of Epidemiology and Preventive Medicine, University of California, Davis. Stephen Markowitz, M.D., is Professor in the Department of Community Health and Social Medicine, City University of New York Medical School. Marianne Fahs is Director of the Health Policy Research Center, Milano Graduate School of Management and Urban Policy, New School University. Philip Landrigan, M.D., is Wise Professor and Chair of the Department of Community Medicine, Mount Sinai Medical Center, New York.
Book Synopsis Compensating Wage Differentials for Health Risks by : Evangelia Papapetrou
Download or read book Compensating Wage Differentials for Health Risks written by Evangelia Papapetrou and published by . This book was released on 1990 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Some Problems with Value of Life Estimates Based on Labor Market Data by : J. Paul Leigh
Download or read book Some Problems with Value of Life Estimates Based on Labor Market Data written by J. Paul Leigh and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most studies of compensating wages for dangerous work don't account for inter-industry differentials hypothesis that transportation, construction, mining, and manufacturing pay high wages and services. Trades pay low wages and this pay structure is the result of historical, institutional forces. We review studies that do account for inter-industry hypothesis. The most compelling evidence is from samples involving clerks. Theoretically, clerks shouldn't receive compensating wages just because blue-collar workers in same industries are exposed to risks. Yet correlations between clerks' wages and blue-collar risks are positive. This is evidence for inter-industry differentials hypothesis, not compensating wage hypothesis. We argue that compensating wages do not exist for great majority of workers because so little accurate information is available on risks. Majority of value of life estimates are derived from labor market studies. If these studies haven't estimated compensating wage, there is no labor market basis on which to estimate value of life.
